Nova Safo

If Iran follows through on its threats, it would be reminiscent of the war's early days when drones damaged three Amazon data centers in the Gulf.

The attacks highlighted vulnerabilities, especially for tech companies.

Data centers are large complexes and not protected against military attacks.

Cloud computing networks have redundancies, but can suffer outages if multiple locations go offline.

I'm Novosafo for Marketplace.

Marketplace's Nova Safo starts us off.

Before the war in Iran, the global economy was on a relatively strong footing.

Ishwar Prasad, professor of economics at Cornell, says economies have been benefiting from AI infrastructure spending and lower overall tariff rates in the U.S.

after the Supreme Court struck down a bunch of them.

That shock, of course, is the effective closure of the Strait of Hormuz.

The OECD's figures underscore Prasad's point.

It's projecting slightly slower global growth than expected, but still growth at 2.9%.

Joseph Gagnon is with the Peterson Institute for International Economics.

And that could happen if there's massive or long-term damage to oil production facilities in the Middle East.

Inflation is another story.

The OECD forecasts a boost to 4% on average among the world's biggest economies from higher energy prices.

Ben May of Oxford Economics says the risk is that those price increases spread elsewhere.

Most central banks are likely to worry about that risk first, says Neil Shearing of Capital Economics.

As in, we'll expect more of it and create a self-fulfilling loop.

The key ingredient in all of this, analysts say, is time.