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Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession. That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump prices average north of $4.50 per gallon this week and collide...
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Feb 27, 2026 / Tyler Durden
Trump: "Maybe We'll Have A Friendly Takeover Of Cuba"
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Aug 9, 2026 / Tyler Durden
Lake Mead Hits Lowest Level On Record Amid Decade-Long Western Drought
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Jun 24, 2026 / Tyler Durden
Antifa Leader Sentenced To 100 Years In Prison For Attack On ICE Facility
Antifa Leader Sentenced To 100 Years In Prison For Attack On ICE Facility The Antifa attack on the Texas ICE facility in Alvarado was a highly coordinated plan, using fireworks and a fake vandalism call to lure out ICE agents and police so that they could be shot in a hail of gunfire.  Responding Alvarado Police Department Lieutenant Thomas Gross was shot in the shoulder and the rifle round exited his neck during the crossfire, but he managed to survive.   Members of the group tried to escape the scene, pretending to...
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