TPM26 Talk
↑“ The risk to the global economy will depend on how long energy flows through the Strait of Hormuz are disrupted. If oil prices do remain higher, then we will really need to worry about the impact on inflation.”
Janet Yellen, former US Treasury Secretary and US Federal Reserve Chair
←“ With US policy, unpredictability is a feature, not a bug, in this administration. That’ s kind of the operating model.”
Dr. Paul Gruenwald, Global Chief Economist, S & P Global Ratings
→“ The baseline outlook for 2026 now has to include the assumption that the deviations around Africa will continue and, therefore, materially strengthen the supply-demand balance.”
Lars Jensen, CEO, Vespucci Maritime ↑“ The Houthis are insistent on those attacks because they’ re making a lot of money from it. It’ s not just a dogma, it’ s not just a political incentive, there’ s also financial incentive.”
Hisham Al-Omeisy, Senior Yemen Advisor, European Institute for Peace
↑“ Most of the carriers, including ONE, have had to stop all bookings to the Middle East, and it is a significant trade. All of that cargo is going to start backing up into the hubs and into the key locations in Europe and Asia.”
Jeremy Nixon, CEO, Ocean Network Express( ONE) 14 Journal of Commerce | April 6, 2026 www. joc. com