‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock
- Posted on May 4, 2026
- By CNBC
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- 1 min read
‘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.