Global recession risk will escalate unless the Gulf conflict is resolved quickly, warn Irish economists

Shape of next phase of the conflict is unknown, but many feel oil prices still have some way to travel before threatening the economic outlook

Donald Trump single handedly ended a stock market plunge when he declared talks with Iran were progressing well earlier this month

Warning lights are flashing for an all-out recession as the war in Iran, a bursting AI bubble, and hidden losses in private credit markets stoke fears over the health of the global economy.

Investment decisions are becoming ever more fraught for Irish business leaders in the current climate, as volatile oil and debt markets inject fresh uncertainty into an already fragile outlook.

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