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… [+2593 chars]
Fears are brewing over an oil-price shock that could rattle markets and the economy - Business Insider
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.
By:Jennifer Sor
Source:Business Insider
Published:
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