Strait of Hormuz traffic will start up quickly once conflict ends: Venture Global CEO Mike Sabel
🔴 Tension RisingCNBC2026-05-05
Venture Global CEO Mike Sabel predicts that Strait of Hormuz traffic will resume quickly once the conflict ends, highlighting the importance of energy security in the region. This situation reflects growing concerns about energy supply chains amid heightened tensions between the US and Iran. The potential for oil price volatility is a key consideration.