Trade routes disruption

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Energy Sec. Chris Wright: Iran would be hurting itself if Strait of Hormuz is closed
CNBC Televisionยท 2025-06-23 20:45
Secretary Wright. Yesterday I was on the phone all day with high level insurance sources who said one after the other their primary concern is the straight of Hormuz remaining open because the disruption in trade routes has trickle down effects even for companies that don't have direct exposure to the Persian Gulf or to Iran directly and many companies don't because of the sanctions that have been in place for so long. Can you give us in some insight into how the US military is thinking about the straight o ...