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The Hill

BlackRock CEO predicting 'global recession' if oil hits $150

BlackRock CEO predicting 'global recession' if oil hits $150

The CEO of BlackRock warned of a “global recession” if the price of oil hits $150 a barrel amid continuing U.S.-Israeli strikes on Iran. In a Wednesday episode of BBC’s “Big Boss Interview” podcast, Larry Fink said it’s “too early” to know the long-term effects of this conflict. “To me, everybody has to recognize that...

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