Recession calls are growing as the oil market sees no end in sight to Iran-war disruptions

The author's frequent meditation spot, overlooking Brooklyn and Manhattan.

Courtesy of Zachary Fox Photography

• Recession calls are growing louder as observers gauge the impact of the US-Iran war.
• Oil prices have stuck close to $100 a barrel this week and could remain elevated.
• Markets are worried the spike could lead to a consumer-led economic slowdown.

It's becoming harder to ignore the risk of a recession as the Iran war causes historic disruptions in energy markets.