MSC CEO warned of a prolonged global economic impact from the Strait of Hormuz crisis, emphasizing that rising oil prices and reduced consumer spending pose a greater threat than direct shipping disruptions. He cited a $50 million monthly increase in company costs due to the conflict and indicated a willingness to adjust shipping schedules and reduce fuel consumption to mitigate expenses. He likened the current situation to past oil shocks, predicting a similar ripple effect on global trade and prices.