BlackRock CEO Fink warns of 'global recession' if oil goes to $150, BBC reports

March 25 () - BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and ‌cause a "global recession" if Iran "remains a threat" ‌even after the war ends. "If there is a cessation of ​war, and yet Iran remains a threat, a threat to trade, a threat to the Strait of Hormuz, a threat to this peaceful coexistence of the ‌GCC region, then ⁠I would argue that we could have years of above $100 closer to $150 oil which ⁠has profound implications in the economy," Fink told BBC's Big Boss Inter