Strait of Hormuz · ECONOMIC
8/10
Severity
BlackRock CEO Larry Fink warns that continued Iranian threats to the Strait of Hormuz could drive oil prices to $150 per barrel and trigger a global recession.
AI Reasoning
The risk score reflects the high economic impact of potential supply chain disruptions in the Strait of Hormuz, which serves as a critical chokepoint for global energy markets, despite the event being a market forecast rather than an immediate kinetic incident.