#oil shipments

The billionaire founder and CEO of Citadel Securities warns that a global and US recession is on the table if a critical waterway for oil shipments remains closed for an extended period of time. In a new CNBC interview, Ken Griffin says oil prices will likely soar to unmanageable levels if Iran continues its blockade […] The post Billionaire Ken Griffin Warns of Global and US Recession Amid Higher Oil Prices – Here’s His Timeline appeared first on The Daily Hodl.

A blockade of the Strait of Hormuz could severely disrupt global oil supply, impacting major economies and escalating geopolitical tensions. The post Iran threatens to block oil shipments through Strait of Hormuz if attacked appeared first on Crypto Briefing.