BlackRock CEO: If Oil Prices Reach $150 Per Barrel, It Will Trigger Global Economic Recession

GateNews

2026-03-25 07:27:36

Gate News Report, March 25 — BlackRock CEO Larry Fink stated in an interview with BBC that if oil prices reach $150 per barrel, it could trigger a global recession. He noted that it is still too early to determine the final scale and outcome of the conflict, but the ultimate result will likely be one of two extremes. One possibility is that if the conflict is resolved and Iran becomes an internationally acceptable country again, oil prices could fall below pre-war levels. Conversely, oil prices could remain above $100 per barrel for several years, approaching $150, which would have profound economic impacts and could lead to a severe recession.

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