Fears are brewing over an oil-price shock that could rattle markets and the economy
An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.
Soaring oil prices. Hot inflation. Turmoil in markets.
That was a dire combination the US economy saw in the 1970s, but analysts say that the risks of another oil price shock a situation where oil p… [+2568 chars]
Language
eng
Source
Business Insider
Category
business
Added
11h ago
