03-25-2026RAPID RESPONSE

Flexport CEO: The Strait of Hormuz crisis is bigger than oil

Ryan Petersen says the fallout is spreading across shipping, air freight, and critical supply chains that underpin global commerce.

[Photo: Getty Images]

When global trade buckles, Ryan Petersen is the person executives call. The founder and CEO of Flexport offers a real-time account of the Strait of Hormuz crisis—what he’s seeing on the ground, on the water, and across the supply chains straining under the pressure. As ripple effects of the crisis are being felt in different ways in different parts of the world, Petersen provides both a micro and macro view that business leaders need to hear. 

This is an abridged transcript of an interview from Rapid Response, hosted by the........

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