New Delhi, July 16 -- The global economy is headed for a slower growth phase over the next two years, with India also expected to lose momentum, as an extended US-Iran conflict threatens to trigger a fresh energy shock, reignite inflation and force central banks into tighter monetary policy, according to Moody's Analytics.

In its latest global outlook, 'Running Hot, Running Cold', Moody's said the world economy is becoming increasingly divided, with countries and industries benefiting from the artificial intelligence (AI) investment boom outperforming those weighed down by geopolitical tensions, higher commodity prices and trade disruptions.

The report said that the combination of geopolitical uncertainty, persistent inflationary pressu...