By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in almost two years on Tuesday while oil prices sank on fears about the potential for a global recession as central banks rapidly increase interest rates in an effort to tame inflation. Adding to pressure were concerns about the upcoming third quarter earnings season and a U.S. inflation report, along with escalation in the Russia-Ukraine war and COVID-19 cases in China. In addition, the International Monetary Fund on Tuesday warned of a disorderly repricing in markets, saying gl…