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

CCTV Cameras Capture Devastating Moment 7.1 Magnitude Earthquake Shakes Japan
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CCTV Cameras Capture Devastating Moment 7.1 Magnitude Earthquake Shakes Japan

Morgan Stanley's Mike Wilson: Still very constructive on where the S&P 500 ends up for the full year
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Morgan Stanley's Mike Wilson: Still very constructive on where the S&P 500 ends up for the full year

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: "We are Close to the Bottom"
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Tom Lee: "We are Close to the Bottom"

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

‘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

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

Trump will lash out when he knows he's failed — Hegseth's days are now numbered | Richard Shirreff
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Trump will lash out when he knows he's failed — Hegseth's days are now numbered | Richard Shirreff

‘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

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

US, Iran Extend Pause on Strikes as Talks Focus on Hormuz
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US, Iran Extend Pause on Strikes as Talks Focus on Hormuz

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

How the Iran War Is Rewiring the Oil Market
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How the Iran War Is Rewiring the Oil Market

LIVE:Everything You Need To Know About China’s  Economy l Peter Schiff @Peter Schiff
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LIVE:Everything You Need To Know About China’s Economy l Peter Schiff @Peter Schiff

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

Scott Ritter: U.S. Soldiers Were Killed and Wounded—Iranian Weapons Are Better Than American Weapons
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Scott Ritter: U.S. Soldiers Were Killed and Wounded—Iranian Weapons Are Better Than American Weapons