The potential ramifications of the U.S.-Iran war, which has seen oil prices at record levels and disrupted global business supply chains, are causing uncertainty within corporate circles. United Airlines CEO Scott Kirby has stated that he is planning for $175 oil and an oil price that remains above $100 into 2027. Meanwhile, the Chairman of the Joint Chiefs of Staff said the military was "hunting and killing" watercraft used by Iran to disrupt traffic in the strait. President Donald Trump's threats about the Strait of Hormuz have escalated, with threats that Iran has 48 hours to reopen the Strait or the US would take out power plants in the country. Meanwhile more allies of the US have indicated a willingness to support efforts to secure safe passage for ships. The conflict is expected to drag on until at least mid-year, with negative consequences for the global economy.