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BlackRock CEO Warns Oil Prices Could Trigger Recession

3/28/2026

48 6 Full Breakdown

Summary

Story summary

The war in the Middle East raises concerns about a global recession driven by rising oil prices.
BlackRock CEO Larry Fink warned crude oil could reach $150 per barrel, potentially harming the global economy.
This week's In The Room features ex-deputy cabinet secretary Helen MacNamara and former No 10 adviser Cleo Watson discussing the UK's preparedness for such economic challenges.
The podcast is available on Apple Podcasts, Spotify, and YouTube.

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Story summary

The war in the Middle East raises concerns about a global recession driven by rising oil prices.
BlackRock CEO Larry Fink warned crude oil could reach $150 per barrel, potentially harming the global economy.
This week's In The Room features ex-deputy cabinet secretary Helen MacNamara and former No 10 adviser Cleo Watson discussing the UK's preparedness for such economic challenges.
The podcast is available on Apple Podcasts, Spotify, and YouTube.