'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock
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Source: CNBC
Published: 2026-05-25 03:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Health, Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
A few months ago David Navazio, founder and CEO of medical supply company Gentell, had never heard of the Strait of Hormuz. But now, the narrow waterway thousands of miles away from the company's headquarters in Yardley, Pennsylvania, is impacting the company's operations in more ways than one.
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