'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock

πŸ‡ΊπŸ‡Έ CNBC (US) —
'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock

AI Summary

Gentell, a medical supply company in the United States, is experiencing supply chain volatility due to the oil price shock linked to tensions around the Strait of Hormuz. The crisis is impacting their sourcing of raw materials internationally.

Medical supply company Gentell sources raw materials from around the world, and the crisis at the Strait of Hormuz is causing volatility for its business.

Markets Health Energy Shipping oil price shock Strait of Hormuz medical supplies supply chain energy crisis United States

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