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Oil Prices Are at a Four-Year High—and Some Experts Warn of a Possible Recession

By Investopedia March 09, 2026 Bearish
Oil Prices Are at a Four-Year High—and Some Experts Warn of a Possible Recession
The price of oil continued to surge Monday as the war in Iran stretched into its second week, raising questions about its effect on consumers, markets and the global economy.
The price of oil continued to surge Monday as the war in Iran stretched into its second week, raising questions about its effect on consumers, markets and the global economy.