world & business

1678diggs
Oil Prices Could Hit $200 Per Barrel in Worst-Case Scenario, S&P Global Warns
submitted by diggfan 2 hours ago (via spglobal.com/market-intelligence...)

S&P Global warns that in a worst-case oil shock scenario, Brent crude could peak at $200 per barrel during Q2 2026.

892diggs
OECD Lowers Global Growth Forecast Amid Energy Shock from Middle East Conflict
submitted by diggfan 2 hours ago (via oecd.org/en/publications/oec...)

The OECD projects global growth of just 2.9% in 2026 as energy prices surge following disruptions in the Strait of Hormuz.

743diggs
Goldman Sachs: Recession Risk Growing as Inflation Rises Again
submitted by diggfan 2 hours ago (via goldmansachs.com/insights/articles/f...)

Nearly seven in ten McKinsey survey respondents rank a recession scenario as most likely. G20 inflation projected at 4.0%.