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AAP

Jacob Shteyman

THE TRUTH ABOUT: Australia faces sharp recession if us escalates war - Caught on Camera

United States Australia Donald Trump Recession Strait of Hormuz Ryan Felsman Economy Oil Oxford Economics

Australia faces the prospect of sliding into a recession if the war in the Middle East lingers. (Nikki Short/AAP PHOTOS)

US President Donald Trump's threat to send Iran "back to the Stone Ages" has rattled equity markets.

If he follows through, Australia is at risk of entering a recession.

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One subscription that gives you access to news from hundreds of sites

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