#consumer-spending-impact

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#fuel-price-crisis #recession-risk #fuel-duty-policy #oil-company-pricing #oil-price-crisis #retail-stock-risk
UK news
fromLondon Business News | Londonlovesbusiness.com
14 hours ago

One in ten hospital visits may be reduced due to soaring fuel prices - London Business News | Londonlovesbusiness.com

Petrol prices increased 10p per litre and diesel 14p per litre; a 20p+ increase would trigger recession as consumers cut spending on essentials and discretionary items.
US news
from24/7 Wall St.
2 days ago

How $200 Oil Impacts Your Stocks and Your Wallet

Oil prices surged to $96 from $71 in ten days due to Iran war closing the Strait of Hormuz, threatening $200 crude and creating significant risk for discretionary retailers like Target, Five Below, and Dollar General.
Business
from24/7 Wall St.
6 days ago

Market Meltdown Odds At 35%

Ed Yardeni raised market meltdown odds to 35% from 20% due to Iran conflict, rising oil prices, and economic pressures on consumer spending and employment.
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