US-Iran War: History Shows Every Oil Spike Caused Recession | World Business Watch
Rising oil prices are fuelling concerns of a potential US recession, with historical trends pointing to a worrying pattern. A Goldman Sachs analysis shows that nearly every major spike in oil prices has been followed by an economic downturn. The research suggests that 2026 could join that list, as surging energy costs driven by ongoing conflict put pressure on inflation, growth and consumer demand. Markets are now closely watching whether the latest oil shock will once again tip the US economy into recession.
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