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And it says inflation is also predicted to be higher than expected.
This comes as it downgrades its forecasts for many of the world's major economies.
The halt in shipments through the critical Strait of Hormuz waterway and the closure and damage of some energy infrastructure is causing energy prices to soar, as well as that of other vital commodities such as fertiliser, which is pushing up the cost of everything from car and heating fuel to food.
Among the G7 countries, the OECD says, the only country predicted to have higher inflation than the UK is
Ruth Sherlock, NPR News, United Kingdom.
The suggestions include reducing driving speeds by at least six miles per hour on highways and taking public transport or car sharing.
The war between the US and Israel and Iran has disrupted oil tankers moving through the critical Strait of Hormuz waterway and damaged energy infrastructure across the Gulf.
The IEA says it could take months or even years to restore oil and gas flows from the region.
In a statement to NPR, the British Ministry of Defence accused Iran of lashing out across the region after it said Iran had made a failed attempt to strike at Diego Garcia military base.
It's unclear how close the missiles came to the base, located on the Chagos Islands in the Indian Ocean, some 2,500 miles away from Iran.
The base has long been strategically important for the US, which has used it in military operations from the Vietnam War to the invasion of Iraq and in other more recent conflicts.
The British government has said US bombers can use some British bases, including Diego Garcia, for operations to prevent Iran attacking ships in the strategic Strait of Hormuz waterway.
In a statement to NPR, the British Ministry of Defence accused Iran of lashing out across the region after it said Iran had made a failed attempt to strike at Diego Garcia military base.
It's unclear how close the missiles came to the base, located on the Chagos Islands in the Indian Ocean, some 2,500 miles away from Iran.
The base has long been strategically important for the US, which has used it in military operations from the Vietnam War to the invasion of Iraq and in other more recent conflicts.
The British government has said U.S.
bombers can use some British bases, including Diego Garcia, for operations to prevent Iran attacking ships in the strategic Strait of Hormuz waterway.