Loading...
Iran Conflict Escalates Global Recession Fears Amid Middle East Oil Supply Threats
LIVE TV
LOCAL
Tour
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
Global Recession Threat Looms as Iran Conflict Escalates, Oil Prices Soar
C
CNBC Awaaz
•
01-03-2026, 21:05
Global Recession Threat Looms as Iran Conflict Escalates, Oil Prices Soar
•
US-Israel actions against Iran raise Middle East oil supply disruption risk, potentially triggering global recession.
•
Closure of Strait of Hormuz, a critical oil trade route, could lead to a global recession, according to experts.
•
Iran's potential retaliation could push crude oil prices above $100 per barrel, impacting global markets.
•
Strait of Hormuz handles one-third of world's seaborne crude oil exports, vital for China, India, Japan, South Korea.
•
Countries may hoard oil if the strait closes, intensifying price competition; US Strategic Petroleum Reserve may not suffice.
Read Full Article on Cnbc in Hindi
✦
More like this
✦
More like this
Trump Trapped in Iranian Labyrinth: No Way Out, Repeating 23-Year-Old Mistake
N
News18
Trump's Gulf Conspiracy: Is He Seeking Destruction for US Gain?
N
News18
Oil Surges Past $100 as Iran Closes Strait of Hormuz; Trump Prioritizes 'Evil Empire' Fight
M
Moneycontrol
Dollar Surges to 3-Month High Amid Iran War, Global Equities Fall on Energy Shock
F
Firstpost
Gulf War Intensifies: Trump Targets Hormuz, Iran Threatens UAE Bases
N
News18
Oil Prices Soar Past $114 Amid Iran War Escalation, Threatening Global Supply
N
News18