Blackrock CEO Warns of Global Recession Risk if Oil Hits $150

Oil Shock Threatens Global Economy OutlookHigh oil

Blackrock CEO Warns of Global Recession Risk if Oil Hits 0

Blackrock CEO Warns of Global Recession Risk if Oil Hits $150

Oil Shock Threatens Global Economy OutlookHigh oil prices raise costs, cut spending, and increase recession risk.Tensions involving Iran could disrupt supply routes and drive price spikes.Lower oil prices would reduce inflationFink sees no bubble and views continued AI spending as strategically necessary.

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