EconomyDeveloping country outlook cut to 4.9% as Middle East conflict disrupts supply chainsA motorcycle is refueled at a gas station in Metro Manila in March. The Asian Development Bank says prolonged disruption to energy markets stemming from the Middle East conflict is slowing growth across developing Asia. © ReutersRAMON ROYANDOYANJuly 9, 2026 00:30 JSTMANILA -- The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9% from the 5.1% projected in April, citing the prolonged fallout from the Middle East conflict on energy markets and supply chains. The lender maintained its 2027 forecast at 5.1%.