Miner Company
The economy has a Strait of Hormuz deadline for Trump: Two weeks
Corporate executives on a recent CNBC CFO Council call expressed concern about the risk of a sustained rise in oil prices if the Strait of Hormuz closure is not soon resolved. President Trump issued a deadline for Iran to reopen the strait over the weekend, and the military has intensified attacks related to the closure, but the C-suite has set its own deadline for a reopening: about two weeks.
Corporate executives on a recent CNBC CFO Council call expressed concern about the risk of a sustained rise in oil prices if the Strait of Hormuz closure is not soon resolved. President Trump issued a deadline for Iran to reopen the strait over the weekend, and the military has intensified attacks related to the closure, but the C-suite has set its own deadline for a reopening: about two weeks.