Former Defense Secretary Mark Esper on returning the Strait of Hormuz to status quo
🟡 NeutralCNBC2026-05-07
Former Defense Secretary Mark Esper discussed returning the Strait of Hormuz to its status quo, linked to negotiations to end the Iran war. This suggests potential improvements in US-Iran diplomatic relations and could significantly impact oil exports and regional security. The situation is also intertwined with internal Iranian protests.