Citadel's Ken Griffin: If Strait of Hormuz remains closed, it could push world into a recession

Ken Griffin warned that if the Strait of Hormuz stays closed for six months or more, the world will enter a global recession. The comment points to a severe risk for energy markets and global trade, given the Strait's critical role in oil shipping. This is a high-impact geopolitical shock with broad implications for inflation, growth, and risk assets.

Analysis

Ken Griffin warned that if the Strait of Hormuz stays closed for six months or more, the world will enter a global recession. The comment points to a severe risk for energy markets and global trade, given the Strait's critical role in oil shipping. This is a high-impact geopolitical shock with broad implications for inflation, growth, and risk assets.