Ken Griffin warns of recession if Strait of Hormuz is closed
Citadel CEO Ken Griffin warned that a prolonged closure of the Strait of Hormuz could trigger a global recession. He noted the Iranian military remains intact.
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Billionaire investor Ken Griffin, the CEO of Citadel, has warned that the global economy faces the risk of a recession if the Strait of Hormuz remains closed for a significant period. Speaking at the Semafor World Economy Forum, Griffin characterized the current geopolitical climate as a critical juncture for international financial stability.
