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Global Recession Warnings as Oil Tops $150/Barrel
Economic alarm bells: Brent crude has now surged past $150 per barrel for the first time in history amid the full closure of the Strait of Hormuz and ongoing attacks on shipping. Airlines grounding flights, factories slowing production, and stock markets plunging worldwide. Economists predict a global recession within months if the conflict persists.
#OilShock #WorldEconomy
