Iran can't win militarily. But if it disrupts oil shipments through Hormuz, it doesn't have to. Global recession is Iran's victory.

The world economy is heading for a “rare” recession in the middle of this year as a prolonged war seems likely amid the prospect of US troops heading to the Middle East. Economists have warned that ...

Rising oil prices make most physical goods more expensive due to higher transportation costs, and they also pinch consumers' ...

Oil prices are surging, global energy infrastructure is under threat and experts are warning that a ripple effect could push ...

Blackrock chief executive Larry Fink has said that if the Iran war keeps energy prices persistently high, it will have ...

Moody's recession model is flashing a warning signal that a recession could be around the corner -- and that was before oil ...

March 25 (Reuters) - BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and cause a "global recession" if ...

Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and ...

Soaring oil prices could squeeze the world’s economies into crisis but it’s ‘guesswork’ how soon – or even if – that will ...

The U.S. president’s European golf buddy calls for extra efforts to stop regional conflicts from spiraling toward World War ...

Debate over ‘global recession’ is again back on the table. Last time, the world was able to narrowly escape a recessionary ...

One analyst warned that a recession is “once again a serious threat” as oil prices continue to rise.