Goldman Sachs Executive Discusses Strait of Hormuz, Middle East Tensions

Jared Cohen, president of global affairs and co-head of the global institute at Goldman Sachs, stated that the Strait of Hormuz will not reopen as it did initially unless there is a major shift in the current regime. He made these remarks during an interview on CNBC's 'Squawk Box,' addressing tensions in the Middle East.

comments come amid ongoing developments in the Iran war, as reported by @SquawkCNBC. He discussed takeaways from his recent trip to the Gulf region, highlighting challenges and opportunities for conducting business in the Middle East.

The executive also touched on U.S.-Israel relations and other related topics during the discussion. The Strait of Hormuz serves as a critical waterway for global oil transport, and any disruptions could affect international trade routes.

“Unless the regime miraculously collapses, the Strait of Hormuz will never reopen the way that it did in the beginning,”