Dow CEO says clearing the Strait of Hormuz logjam will take almost a year
- Posted on April 23, 2026
- By CNBC
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- 1 min read
Dow Chemical's Chief Executive Jim Fitterling has cautioned that resolving the Strait of Hormuz blockade will require substantially more time than market participants currently anticipate. The executive's assessment suggests that the disruption affecting one of the world's most critical maritime passages for oil transport will persist for nearly twelve months. This extended timeline could significantly impact global energy markets and supply chain operations across multiple industries dependent on uninterrupted passage through this strategic waterway.