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BlackRock CEO Larry Fink warns prolonged U.S.-Israel-Iran war could trigger global recession due to high oil prices.
BlackRock CEO Larry Fink has reversed his earlier optimistic stance on the U.S.-Israel conflict with Iran, warning that a prolonged war could trigger a global recession if oil prices remain high.
He previously suggested oil would drop below $50 and urged investors to buy, but now warns sustained high energy costs would have profound economic consequences.
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El CEO de BlackRock, Larry Fink, advierte que una guerra prolongada entre Estados Unidos, Israel e Irán podría desencadenar una recesión global debido a los altos precios del petróleo.