{"id":325953,"date":"2026-03-14T00:00:13","date_gmt":"2026-03-14T00:00:13","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/shipping-biotech-ceos-on-strait-of-hormuz-supply-chain-turmoil\/"},"modified":"2026-03-14T00:00:13","modified_gmt":"2026-03-14T00:00:13","slug":"shipping-biotech-ceos-on-strait-of-hormuz-supply-chain-turmoil","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/shipping-biotech-ceos-on-strait-of-hormuz-supply-chain-turmoil\/","title":{"rendered":"Shipping &amp; biotech CEOs on Strait of Hormuz supply chain turmoil"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i3.ytimg.com\/vi\/6P6YdxKrOOo\/hqdefault.jpg\" alt=\"Shipping &amp; biotech CEOs on Strait of Hormuz supply chain turmoil\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/6P6YdxKrOOo\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>Market anxieties about the Strait of Hormuz &#8211; a significant artery for the world\u2019s energy &#8211; have pushed oil prices to their highest point since July 2022, the summer after Russia\u2019s invasion of Ukraine. The United Nations warned on Friday that restrictions on the flow of ships through the strait will have an \u201cimmense impact\u201d on humanitarian efforts as the war continues.<\/p>\n<p>\u201cWhen ships stop moving \u2060through that Strait, the consequences \u200ctravel fast,\u201d Tom Fletcher, the United Nations\u2019 under-secretary-general for humanitarian affairs, said. \u201cFood, \u200bmedicine, fertilizer and other supplies become \u200bharder \u2060to move \u200cand more \u2060expensive to deliver.\u201d<\/p>\n<p>The CEOs of Maersk and Pivot Bio discuss challenges to their businesses and the global economy due to threats in the Strait.<\/p>\n<p>0:00 Shipping and fertilizer company CEOs talk about the Strait of Hormuz<br \/>\n1:24 Maersk CEO Vincent Clerc discusses his company&#8217;s stuck ships<br \/>\n2:40 The Strait of Hormuz threat creates global supply chain backups<br \/>\n4:49 Shipping surcharges are piling up for all nations<br \/>\n7:27 It&#8217;s not just oil, fertilizer for food crops is affected also<br \/>\n9:33 Pivot Bio CEO Chris Abbott on the tough timing <\/p>\n<p>Watch more CNN here: https:\/\/cnn.it\/4kh5RPe<\/p>\n<p>#Iran #Shipping #News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market anxieties about the Strait of Hormuz &#8211; a significant artery for the world\u2019s energy &#8211; have pushed oil prices to their highest point since July 2022, the summer after Russia\u2019s invasion of Ukraine. The United Nations warned on Friday that restrictions on the flow of ships through the strait will have an \u201cimmense impact\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":325954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128809],"tags":[129043,149804,132168],"actors":[],"class_list":["post-325953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cnn","tag-about","tag-anxieties","tag-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shipping &amp; biotech CEOs on Strait of Hormuz supply chain turmoil | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Shipping &amp; biotech CEOs on Strait of Hormuz supply chain turmoil for free, here on News ISC. 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