{"id":326087,"date":"2026-03-12T14:41:07","date_gmt":"2026-03-12T14:41:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/326087\/"},"modified":"2026-03-12T14:41:07","modified_gmt":"2026-03-12T14:41:07","slug":"blackrocks-larry-fink-says-oil-could-slip-below-50-if-the-war-results-in-neutralized-iran-great-probability-blackrock-nyseblk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/326087\/","title":{"rendered":"BlackRock’s Larry Fink Says Oil Could Slip Below $50 If The War Results In ‘Neutralized’ Iran: ‘Great Probability’ – BlackRock (NYSE:BLK)"},"content":{"rendered":"

BlackRock Inc.\u00a0(NYSE:<\/a>BLK<\/a>) CEO Larry Fink expressed his belief that the ongoing U.S.-Iran conflict<\/a>\u00a0will not have lasting economic\u00a0consequences, even as oil prices\u00a0continue to rise.<\/p>\n

During his appearance<\/a> on Fox News\u2019 \u201cSpecial Report\u201d on Wednesday, Fink dismissed the notion of a prolonged war. He also predicted a potential drop in oil prices, possibly even below pre-war levels, once the conflict ends and if \u201cneutralized\u201d Iran re-enters the global market.<\/p>\n

\u201cI mean, there\u2019s probably a great probability that oil is gonna be below 50,\u201d said Fink.<\/p>\n

The CEO of the world\u2019s largest asset manager downplayed the\u00a0short-term impacts on energy prices, stating that the majority of the $14.5 trillion managed by BlackRock is long-dated, hence the short-term market volatility doesn\u2019t concern him much.<\/p>\n

Despite the recent surge in oil prices, Fink advised investors against making hasty decisions. He expressed concern over many people withdrawing from the market, terming it \u201cthe wrong outcome.\u201d<\/p>\n

\u00a0\u201cBuy more here\u2026.This is a good long-term opportunity,\u201d said Fink. <\/p>\n

Oil Surge Risk Amid Hormuz Tensions<\/p>\n

Earlier this month, Fundstrat\u2019s Tom Lee described the recent volatility<\/a> as a typical \u201crisk-premium expansion,\u201d not a structural breakdown. He expects markets to rebound into late March and potentially strengthen through April. <\/p>\n

At the same time, JP Morgan cautioned investors that the TACO trade may not be the best strategy<\/a> during this phase. Instead, he suggested considering alternative investments, particularly infrastructure assets. <\/p>\n

Meanwhile, Iranian military spokesperson\u00a0Ebrahim Zolfaqari\u00a0warned Washington on Wednesday that oil could go beyond $200 per barrel, accusing it of destabilizing the regional security. The warning comes as tensions threaten shipping through the Strait of Hormuz, which carries about one-fifth of global oil supplies. <\/p>\n

When last checked, WTI crude was trading over 4% higher at $91.09 per barrel. <\/p>\n

Disclaimer:\u00a0This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.<\/p>\n

Image via Shutterstock<\/p>\n","protected":false},"excerpt":{"rendered":"BlackRock Inc.\u00a0(NYSE:BLK) CEO Larry Fink expressed his belief that the ongoing U.S.-Iran conflict\u00a0will not have lasting economic\u00a0consequences, even…\n","protected":false},"author":2,"featured_media":326088,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,127596,175787,17836,22530,16303,12225,12224,219,111,139,69,12223,22532,175788,175789,175790,175791,175792],"class_list":["post-326087","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-category-analyst-color","tag-category-commodities","tag-category-large-cap","tag-category-markets","tag-category-news","tag-category-politics","tag-cms-wordpress","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-pageisbzpro-bz","tag-symbol-blk","tag-tag-blackrock","tag-tag-crude-oil","tag-tag-larry-fink","tag-tag-middle-east-conflict","tag-tag-us-iran"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/326087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=326087"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/326087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/326088"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=326087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=326087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=326087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}