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Rising Oil Prices Spark Global Recession Fears, Warns BlackRock CEO

4/9/2026

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Summary

Story summary

The ongoing war in the Middle East raises concerns about a global recession due to rising oil prices.
BlackRock CEO Larry Fink warns crude oil prices could reach $150 a barrel, hurting the global economy.
Ex-deputy cabinet secretary Helen MacNamara and former No 10 special advisor Cleo Watson discuss the UK's preparedness on their podcast, In The Room.
New episodes are available every Friday on various platforms.

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Story summary

The ongoing war in the Middle East raises concerns about a global recession due to rising oil prices.
BlackRock CEO Larry Fink warns crude oil prices could reach $150 a barrel, hurting the global economy.
Ex-deputy cabinet secretary Helen MacNamara and former No 10 special advisor Cleo Watson discuss the UK's preparedness on their podcast, In The Room.
New episodes are available every Friday on various platforms.