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A sustained rise in Brent crude towards $120 ((R1944) a barrel could raise fuel prices, inflation and interest-rate pressure in South Africa, while economists differ on whether it would trigger a global recession.
BRENTCRUDE

Oil shock looms: $120-a-barrel forecast sparks stagflation fears for South Africa

Could a sustained rise in Brent crude towards $120 a barrel trigger a global recession?

  • Yogashen Pillay
5 min read