Shipping giant Maersk seeing $500 million in extra costs per month

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Maersk CEO Vincent Clerc discusses the impact of the Iran War on the shipping industry. In a wide-ranging interview with CNBC, Clerc discusses the energy price shock, the recent U.S. mission to guide a Maersk-operated ship safely through the Strait of Hormuz, and the possibility of demand destruction if trade volatility continues.

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Thu, May 7 20263:21 AM EDT