Shares of payment giant Visa (NYSE: V) have been under pressure through much of 2026. By late March, shares had fallen more than 15% on the year. One contributing factor to this is the conflict in Iran. Visa’s payments business finds strength on the back of general economic growth, as it results in more and higher-value transactions.
Surging oil prices have caused economists to lower their global growth forecasts. This includes economists at the International Monetary Fund (IMF). In April, the IMF lowered its global growth forecast for 2026 from 3.3% to 3.1%.
