Rising oil prices: Are we heading for a recession?

calendar_today April 9, 2026 schedule 12:04 visibility 98 views

Source: France 24

Crude oil prices rose again on Thursday as the ceasefire announced by US President Donald Trump and Iran shows signs of fragility. In this edition, we speak with Ilian Mihov, Professor of Economics at INSEAD, about whether the war and the resulting oil shock could trigger a global recession. He explains that supply shortages can affect economic activity more than price hikes and outlines the delicate calculations central banks will have to make.

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