EMEA > Africa > Oil price spiking to $140/bbl for two months would send world into recession -analysts

Oil price spiking to $140/bbl for two months would send world into recession -analysts

Published 16:36 on March 18, 2026 / Last updated at 16:36 on March 18, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East)

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Oil prices spiking to $140/bbl for two months alongside a large rise in natural gas prices would send the world into recession, according to analysts.
Oil prices spiking to $140/bbl for two months alongside a large rise in natural gas prices would send the world into recession, according to analysts.


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