Billionaire Ken Griffin Warns of Global and US Recession Amid Higher Oil Prices

Billionaire Ken Griffin Warns of Global and US Recession Amid Higher Oil Prices

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Billionaire founder and CEO of Citadel Securities, Ken Griffin, warns of an impending global and US recession. He suggests this could be triggered by oil prices soaring to unmanageable levels if a critical waterway for oil shipments remains closed due to an extended blockade by Iran.

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 […]

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