
Oil Futures Warn of Prolonged Economic Damage from War
Oil futures markets indicate that the Middle East conflict, while possibly ending soon, will cause prolonged economic damage with crude prices remaining high for years. The atypical futures curve shows prices declining but not returning to pre-war levels until 2031, due to supply disruptions from closed straits and damaged infrastructure. High energy costs burden consumers and could trigger a recession if oil exceeds $125 or stays elevated. Experts warn the ongoing conflict represents an unprecedented oil supply shock, heightening recession risks over time.






















