oil prices

2 briefs

power 2026-04-15

The Iran War Is Costing the World Enough to Buy a Recession. Nobody Is Presenting the Bill.

The IMF says the war has already erased gains from the AI boom and is pushing the world toward its adverse scenario. The markets price a 28.5% chance of US recession. The price is rising.

decision 2026-04-14

The Spring Housing Market Is Dead. Oil at $115 Killed It.

Existing-home sales fell 3.6% in March. The NAR slashed its 2026 forecast from 14% growth to 4%. The Iran war doubled oil prices and pushed mortgage rates back above 6%, and now the most important homebuying season of the year is starting cold.