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How the Middle East war could spark a recession

Summary by CNN

Economists warn that the war has increased the risk of a recession. And the longer the crisis lasts, the greater the danger to an economy that already looked vulnerable before the chaos in the Middle East.

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How the Us-Israeli War in the Middle East Could Cause a Recession

By Matt Egan, CNN. The U.S. economy has shown remarkable resilience for years, weathering historic pandemic-era inflation, $5-a-gallon gas, a dramatic slowdown in hiring, and the Federal Reserve's battle against inflation. Now, the economy faces a new test: a real war. The war with Iran has triggered a massive disruption to oil supplies—the largest in history—and soaring prices, driving up the cost of everything from gasoline and diesel to jet f…

1 day ago·Idaho Falls, United States

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