📰 **‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock**

As US equities hit fresh highs, strategists warn that investors are downplaying the impact of soaring oil prices.

🔗 https://www.cnbc.com/2026/05/04/strait-hormuz-gas-price-oil-shock-recession-risk-economy-iran-us-war.html

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