business

The economy has a Strait of Hormuz deadline for Trump: Two weeks

CNBC
byEric Rosenbaum
Sunday, March 22, 2026 at 03:48 PM
The economy has a Strait of Hormuz deadline for Trump: Two weeks

Corporate executives are not panicking over a short-term increase in oil prices and Strait of Hormuz closure, but patience may wear thin in a matter of weeks.

An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. With oil prices at levels not seen in years and global business supply chains across sector… [+11307 chars]
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business

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16h ago

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