The Iran War Has Already Hurt Oil Production More Than the '70s Energy Crisis Did

BlackRock CEO warns of global recession if oil hits $150 amid Iran war

BlackRock CEO Larry Fink warned this week that the war in Iran could result in a global recession due to the pressure the conflict is putting on international energy markets. Fink, who leads the world’s largest asset manager, said he sees the war ending in one of two “extreme scenarios,” during a BBC interview published…