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Moody’s says a recession will be hard to avoid if oil prices stay elevated for even a few more weeks

By MarketWatch · 2026-03-16
Moody’s says a recession will be hard to avoid if oil prices stay elevated for even a few more weeks
Why it matters: Oil price spikes could stall growth and reshape portfolios—act now before markets adjust.
Moody’s warns that a prolonged oil‑price shock—caused by the near‑closure of the Strait of Hormuz—could tip the U.S. into recession, despite domestic production matching demand. Analysts say the risk is heightened as markets price in higher inflation and tighter credit, urging investors to brace for volatility.

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