Miner Company
Ken Griffin warns Strait of Hormuz closure risks global recession
Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to ongoing tensions in the Middle East. Speaking at the Semafor World Economy Forum, the founder and CEO of Citadel described the situation as a critical inflection point for global markets, particularly due to the region's central role in energy supply.
Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to ongoing tensions in the Middle East. Speaking at the Semafor World Economy Forum, the founder and CEO of Citadel described the situation as a critical inflection point for global markets, particularly due to the region's central role in energy supply.