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#recession

2 articles

BlackRock chief warns a $150 oil price could trigger a 'stark' global recession

Larry Fink says a prolonged Iran conflict that pushes oil toward $150 would hit lower-income households hardest and could trigger a steep global recession. Shell and the IEA warn of possible fuel shortages and urge diversification.

3 min read Mar 25, 01:42 PM

Politics

Could Iran's Strait of Hormuz Blockade Trigger a Global Recession?

Iran's moves around the Strait of Hormuz are disrupting almost 20% of world oil flows. Energy prices are spiking, and that raises the real risk of higher inflation, slower growth and even a global recession.

2 min read Mar 17, 01:09 PM