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Griffin Warns: Hormuz Closure Could Trigger Global Recession

Published 4 days, 3 hours ago
Description

Citadel CEO Ken Griffin warns of global recession if Strait of Hormuz remains closed for 6-12 months, highlighting the urgency for alternative energy sources. Markets have rebounded but investors remain cautious due to ongoing Middle East tension, with oil prices significantly impacting global economies, particularly in Asia.

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