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Citadel's Ken Griffin says Iran war threatens global recession

BY Reuters | ECONOMIC | 04/14/26 10:41 AM EDT

WASHINGTON, April 14 (Reuters) - Billionaire investor Ken Griffin warned on Tuesday that the world could face a global recession if the Strait of Hormuz remains closed for a prolonged period due to war in the Middle East.

"This really is a very, very treacherous moment for the world economy," the Citadel CEO said at the Semafor World Economy Forum. "From a macroeconomic perspective around the world...the key criteria is the resumption of the continued flow of energy products from the Middle East without tolls, without harassment.

"If it remains shut down for all intents and purposes...for the next six to 12 months, the world's going to end up in a recession," he added. (Reporting by Pete Schroeder in Washington; Editing by Chizu Nomiyama)

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