Could a surge in the price of crude oil trigger a recession?


Based on past events, fears are flaring up with the Russia-Ukraine conflict

FOR decades, recessions have often been linked to a sudden surge in crude oil prices.

Post-World War 2, at least six incidents of oil price shocks have occurred and in almost all the cases, economic downturns have ensued.

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Oil price , recession , Russia , Ukraine , conflict ,

   

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