We can't end up with Iran controlling the Strait of Hormuz, says API CEO Mike Sommers

Mike Sommers, American Petroleum Institute president and CEO, joins 'Squawk Box' to discuss the state of the energy market, impact of depleted oil reserves and vulnerable global shipping routes, fate of the Strait of Hormuz, global oil price trends, and more.

Former Fed Gov. Stephen Miran: Inflation is much more likely to be transitory this time
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Former Fed Gov. Stephen Miran: Inflation is much more likely to be transitory this time

How big a deal is China's reported breakthrough on a key chipmaking tool?
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How big a deal is China's reported breakthrough on a key chipmaking tool?

This Guy Beat ANATOLY | Gym CHALLENGE Went Wrong
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This Guy Beat ANATOLY | Gym CHALLENGE Went Wrong

Trump has a target on his back—Iran's plot to kill him and Melania are 'serious' | Richard Shirreff
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Trump has a target on his back—Iran's plot to kill him and Melania are 'serious' | Richard Shirreff

Trump & Crypto: Last Week Tonight with John Oliver (HBO)
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Trump & Crypto: Last Week Tonight with John Oliver (HBO)

Why the US and Iran still can’t reach a deal | Ian Bremmer's Quick Take
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Why the US and Iran still can’t reach a deal | Ian Bremmer's Quick Take

‘Big Short’ investor Steve Eisman: Market will have 'a big correction' if AI doesn't succeed
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‘Big Short’ investor Steve Eisman: Market will have 'a big correction' if AI doesn't succeed

South Korea's AI bubble just crashed
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South Korea's AI bubble just crashed

This Is Why It's 'Unlikely' For Strait Of Hormuz To Return To Pre-War Status: Retired Vice Admiral
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This Is Why It's 'Unlikely' For Strait Of Hormuz To Return To Pre-War Status: Retired Vice Admiral

Tom Lee: AI trade still in very good shape despite questions about durability
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Tom Lee: AI trade still in very good shape despite questions about durability

China's "eyes" and Iran's "fist":  Iran dumped GPS, switched to Beidou, and won the war
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China's "eyes" and Iran's "fist": Iran dumped GPS, switched to Beidou, and won the war

Trump Plays Down Iran Escalation as Talks Focus on Hormuz
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Trump Plays Down Iran Escalation as Talks Focus on Hormuz

‘We’ve heard this before’: Skepticism grows over U.S.-Iran talks progress
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‘We’ve heard this before’: Skepticism grows over U.S.-Iran talks progress

Saudi, Oil Market SCREWED After Houthi BLOCKADE
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Saudi, Oil Market SCREWED After Houthi BLOCKADE

Meta partners with BlackRock: Here's what you need to know
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Meta partners with BlackRock: Here's what you need to know

Boeing CEO Kelly Ortberg on Q2 results: We are seeing the uncertainty in our company narrow
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Boeing CEO Kelly Ortberg on Q2 results: We are seeing the uncertainty in our company narrow

THIS WILL HAPPEN TO SILVER NOW — TRUMP SIGNS THE ORDER | HOWARD MARKS WARNING
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THIS WILL HAPPEN TO SILVER NOW — TRUMP SIGNS THE ORDER | HOWARD MARKS WARNING

What Trump and Netanyahu’s meeting could mean for Iran
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What Trump and Netanyahu’s meeting could mean for Iran

JUST IN: Trump threatens WIPEOUT of Iranian bridges, power plants
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JUST IN: Trump threatens WIPEOUT of Iranian bridges, power plants

'Trump's tactics have failed': Obama's Middle East adviser
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'Trump's tactics have failed': Obama's Middle East adviser