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The Economic Times

Economy / The Economic Times

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US heading for a recession following Iran war? Odds spike as conflict expands

Fears of a U.S. recession are rising as the Iran conflict pushes oil prices higher and shakes global markets. Prediction markets show growing concern about economic slowdown. Higher fuel costs could affect spending, businesses, and inflation. Stock markets are also reacting to the uncertainty. The situation is creating new economic risks for the United States and the global economy.

10 Mar 2026 12:54 am