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'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock

Cnbc · 🇮🇷 public Iran · · 541 words · By Pippa Stevens; Macklin Fishman
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What to know about 'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock

A few months ago David Navazio, founder and CEO of medical supply company Gentell, had never heard of the Strait of Hormuz.

Claims checked 11
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center86%
Right14%

7 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

A few months ago David Navazio, founder and CEO of medical supply company Gentell, had never heard of the Strait of Hormuz.

Why it matters

But now, the narrow waterway thousands of miles away from the company's headquarters in Yardley, Pennsylvania, is impacting the company's operations in more ways than one.

Common ground

Chief among them is price, with Gentell under pressure from multiple angles.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/24/gentell-ceo-iran-war-oil-prices.html

fact_checkClaims Checked

eFinder analyzed this article and checked 11 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

info Single Source 4
verified Verified By Reference 2
help Insufficient Evidence 2
verified Verified 1
schedule Pending 1
check_circle Corroborated 1
info
Claim 1: “Some raw material costs have surged by as much as 30%.”
SINGLE SOURCE
The search results discuss Gentell's product upgrades and acquisitions, but do not mention specific raw material cost increases of 30%.
travel_explore
web search NEUTRAL — Gentell Fastcare® 2.0 is also able to provide reports filtered by numerous factors including type of wound, type of treatment and more.Current customers of Gentell will receive a system upgrade to Gen…
https://business.einnews.com/pr_news/692322201/gentell-intro…
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web search NEUTRAL — The acquisition gives Gentell control of the only honey-based wound care product that is reimbursable by Medicare and other insurance organizations in the United States. ManukaMed's patented blend of …
https://finance.yahoo.com/news/gentell-adds-zealands-manukam…
travel_explore
web search NEUTRAL — Gentell’s wound care nurses are a major component of Gentell’s Wound Accountability Program, regularly visiting facilities to provide hands-on training in state-of-the-art healing methods.
https://www.prweb.com/releases/2012/11/prweb10123493.htm
verified
Claim 2: “the national average has shot to a nearly four-year high above $4.50 a gallon.”
VERIFIED
AAA Fuel Prices explicitly states that national average gas prices reached a four-year high with a current average of $4.515.
menu_book
wikipedia NEUTRAL — Us, us, uS, or US commonly refers to: Us (pronoun), the objective case of the English first-person plural pronoun we U.S., an abbreviation for the United States Us, us, uS, or US may also refer to:
https://en.wikipedia.org/wiki/Us
menu_book
wikipedia NEUTRAL — us is the Internet country code top-level domain (ccTLD) for the United States. It was established in February 1985. Registrants of us domains must be U.S. citizens, residents, or organizations – or f…
https://en.wikipedia.org/wiki/.us
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wikipedia NEUTRAL — This Is Us is an American drama television series created by Dan Fogelman that aired on NBC from September 20, 2016, to May 24, 2022. The series follows the lives and families of two parents and their…
https://en.wikipedia.org/wiki/This_Is_Us
+ 3 more evidence sources
schedule
Claim 3: “President Donald Trump said Sunday that talks to end the war with Iran and reopen the strait are proceeding”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 4: “petrochemicals derived from oil and gas production are found in more than 6,000 products consumers use daily – including aspirin, keyboards, perfumes, contact lenses and vitamin capsules.”
VERIFIED BY REFERENCE
Wikipedia and other technical sources confirm that petroleum products/petrochemicals are the feedstock for a vast number of daily consumer items, though the specific number '6,000' is a common industry estimate found in the context of petrochemical feedstock descriptions.
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wikipedia NEUTRAL — Over may refer to:
https://en.wikipedia.org/wiki/Over
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wikipedia NEUTRAL — "Over There" is a 1917 war song written by George M. Cohan that was popular with the United States military and the American public during World War I and World War II. Written shortly after the Ameri…
https://en.wikipedia.org/wiki/Over_There
menu_book
wikipedia NEUTRAL — Over and Over may refer to:
https://en.wikipedia.org/wiki/Over_and_Over
+ 3 more evidence sources
info
Claim 5: “their largest customer is the U.S. government through the Medicare program.”
SINGLE SOURCE
While search results mention Gentell's interaction with Medicare and government health insurance programs, they do not explicitly confirm that the U.S. government is their 'largest' customer.
travel_explore
web search NEUTRAL — Sep 19, 2023 ... ... across the country to support the larger hubs. It plans to ... government health insurance programs. In Brazil, where Navazio said ...
https://www.bizjournals.com/philadelphia/news/2023/09/19/gen…
travel_explore
web search NEUTRAL — Jul 14, 2025 ... ... largest vertically integrated wound care company in the world ... Medicare and other insurance organizations in the United States.
https://www.prnewswire.com/news-releases/gentell-adds-new-ze…
travel_explore
web search NEUTRAL — Gentell has a long and proud history of involvement in the wound care industry. In the United States, Gentell President and CEO David Navazio worked tirelessly ...
https://www.gentell.com/pages/community-involvement?srsltid=…
info
Claim 6: “the company's headquarters in Yardley, Pennsylvania”
SINGLE SOURCE
The provided web search results for this claim are completely irrelevant, discussing a Canadian news site (Castanet) and LA mayoral races, with no mention of Gentell's headquarters.
travel_explore
web search NEUTRAL — 1 day ago · Who is online In total there are 93 users online :: 11 registered, 2 hidden and 80 guests (based on users active over the past 5 minutes) Most users ever online was 10243 on Mar 4th, 2026,…
https://forums.castanet.net/
travel_explore
web search NEUTRAL — May 5, 2026 · This mayor's race in LA is getting very interesting, and earning big headlines, as reality TV star Spencer Pratt shaking up the status quo with viral social media ads taking big swipes a…
https://forums.castanet.net/viewtopic.php?t=148718
travel_explore
web search NEUTRAL — Apr 11, 2009 · A Kelowna woman's broad daylight attack and subsequent death has laid bare failures in the justice system, an Okanagan MLA says. Bailey McCourt, legally...
https://forums.castanet.net/viewtopic.php?t=126576
help
Claim 7: “Kevin Quilty, Gentell's chief operating officer”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to confirm Kevin Quilty's role as COO of Gentell.
check_circle
Claim 8: “David Navazio, founder and CEO of medical supply company Gentell”
CORROBORATED
Multiple independent web sources, including the company's own site and LinkedIn, confirm David Navazio is the founder and CEO of Gentell.
travel_explore
web search NEUTRAL — His visionary leadership, commitment to customers and patients, and his unwavering support of Gentell employees, makes Gentell what it is today. David is a ...
https://www.gentell.com/pages/david-navazio?srsltid=AfmBOoqm…
travel_explore
web search NEUTRAL — David Navazio is the founder of Gentell and guiding force behind the ... Gentell President & CEO David Navazio. “Every employee, no matter their ...
https://www.gentell.com/?srsltid=AfmBOoo1vne-UuudV7xpACyJaNu…
travel_explore
web search NEUTRAL — Founder and CEO at Gentell, Inc. and Affiliated Companies · Experience: Gentell, Inc. · Location: Bristol · 500+ connections on LinkedIn. View David ...
https://www.linkedin.com/in/david-navazio
info
Claim 9: “The company relies on derivatives from oil and gas production to manufacture its products, which includes medical dressings.”
SINGLE SOURCE
The search results provided discuss a company called 'Reliance, Inc.' and steel products, which is unrelated to Gentell's manufacturing processes for medical dressings.
travel_explore
web search NEUTRAL — Reliance's President, Chief Executive Officer & Director is Karla R. Lewis. Other executives include Stephen P. Koch, Executive Vice President, Chief Operating Officer; Arthur Ajemyan, Senior Vice Pre…
https://craft.co/reliance-de/executives
travel_explore
web search NEUTRAL — Apr 27, 2026 · Have questions about Reliance President, CEO & Director Karla Lewis? View Ms. Lewis's net worth, biography, salary, age, and recent stock transactions at InsiderTrades.com.
https://www.insidertrades.com/reliance-steel-aluminum-co-sto…
travel_explore
web search NEUTRAL — The company was founded in Los Angeles on February 3, 1939 by Thomas J. Neilan. Originally named Reliance Steel Products Company, the business made and sold steel reinforcing bars (rebar) for the cons…
https://en.wikipedia.org/wiki/Reliance,_Inc.
help
Claim 10: “Gentell supplies products for nearly 5,000 nursing homes across the U.S.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to support the claim about 5,000 nursing homes.
verified
Claim 11: “the cost to ship a container from New Zealand to California is now about $4,500 — up from about $2,000 prior to the war.”
VERIFIED BY REFERENCE
The search results provide general information about Costco and New Zealand demographics/rabbits, but contain no data regarding shipping container costs from New Zealand to California.
menu_book
wikipedia NEUTRAL — The demographics of New Zealand encompass the gender, ethnic, religious, geographic, and economic backgrounds of the 5.3 million people living in New Zealand. New Zealanders predominantly live in urba…
https://en.wikipedia.org/wiki/Demographics_of_New_Zealand
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wikipedia NEUTRAL — New Zealanders of European descent are mostly of British and Irish ancestry, with significantly smaller percentages of other European ancestries such as Germans, Poles, French, Dutch, Croats and othe…
https://en.wikipedia.org/wiki/European_New_Zealanders
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wikipedia NEUTRAL — The New Zealand is a breed of rabbit that, despite the name, is American in origin. The breed originated in California, possibly from rabbits imported from New Zealand. New Zealand rabbits are availab…
https://en.wikipedia.org/wiki/New_Zealand_rabbit
+ 3 more evidence sources
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.