Tag: persists
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Citadel Securities CEO Ken Griffin Warns of Global Recession if Strait of Hormuz Blockade Persists
The billionaire founder and CEO of Citadel Securities, Ken Griffin, has issued a stark warning: a protracted closure of the Strait of Hormuz, a critical chokepoint for global oil shipments, could trigger a widespread global and U.S. recession. In a recent interview with CNBC, Griffin articulated the severe economic ramifications of a continued blockade on…
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