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Oil Prices Soaring, Global Economy at Risk

Oil Prices Soaring, Global Economy at Risk

Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!

April 2, 20261m 24s

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Show Notes

Oil prices skyrocket due to the Strait of Hormuz conflict, with gas nearing $4 a gallon. Analysts warn of potential $200 oil, leading to $7 gas and global economic turmoil. Bank of America outlines scenarios, from quick peace to recession. The White House takes action, but all eyes are on the straits reopening.

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