Oil at $150 will trigger global recession, says boss of financial giant BlackRock

Larry Fink says if oil prices stay high for a sustained period it will have "profound implications" for the world economy.

Oil price rises as Middle East attacks continue - The Times

Oil price rises as Middle East attacks continue  The Times

Shopping bill could soar by £150 due to Iran war, grocery expert warns

Food inflation could hit 8 per cent by the summer, putting extra pressure on consumers battling a cost-of-living crisis

By Simon English

OIL PRICE WATCH as of March 25, 2026

Fuel prices continue to soar this week amid the war in the Middle East. The expected price increase on Tuesday was an additional P6.47 for gasoline, and P11.88 for diesel— mild when compared to the massive price surge in the week of March 17 to 23, wherein an additional P16.60 was added to every liter

By ggaviola

Oil at $150 will trigger global recession, says boss of financial giant BlackRock

If the price of oil hits $150 a barrel, it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC.

By Abubakar Ibrahim