BlackRock CEO: $150 Oil Price Will Trigger Global Economic Recession

SmartContractAuditor · 2026-03-25T07:26:22+00:00

BlackRock CEO Fink warned that if oil prices rise to $150 per barrel, it could potentially lead to a global economic recession. He believes that the conflict could result in two extreme scenarios: either Iran regains international recognition and oil prices fall back, or high oil prices persist for years, bringing serious economic consequences.

SmartContractAuditor

2026-03-25 07:26:22

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Odaily Planet Daily reports that BlackRock CEO Fink stated that if oil prices reach $150 per barrel, it will trigger a global recession. Fink believes it is too early to determine the final scale and outcome of the conflict, but he thinks the result will 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. However, if not, “oil prices could remain above $100 per barrel for many years, approaching $150 per barrel, which would have a profound impact on the economy,” potentially resulting in “a severe and serious recession.” (Jin10)

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