BlackRock Warns USD 150 Oil Could Trigger Global Recession

Iran Herald · March 25, 2026 Sanctions

Larry Fink, chairman and CEO of BlackRock, the world's largest asset manager with USD 14 trillion in assets, warned that if oil prices reach USD 150 a barrel, the global economy could face a severe recession. Speaking to the BBC, Fink said ongoing threats from Iran could keep energy costs elevated, with ? profound consequences?