US-Iran Ceasefire: Global Energy Prices Fuel Business Uncertainty
Edited By WION Video Desk
Published: Apr 08, 2026, 11:00 IST | Updated: Apr 08, 2026, 11:00 IST
A temporary ceasefire caused crude to crash over 20 percent. But the damage from oil’s surge during the six weeks of the Iran war was already being felt by businesses. From factories to markets, companies had warned of higher prices and economic uncertainty, with analysts flagging risks of slower growth and even a potential recession.
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