Bessent Claims Hormuz to Become 'Worthless' Waterway in 2 Years

NAMPA / Sputnik
2026-09-01
WASHINGTON, September 1 (RIA Novosti) - US Treasury Secretary Scott Bessent said on Tuesday the Strait of Hormuz will cease to be a vital trade route within two years, becoming a "worthless" waterway. "In two years, the Strait of Hormuz will be like a worthless piece of water. The oil will be going on pipelines across land," Bessent said on the sidelines of the G20 finance ministers' meeting in the United States​​​. The Strait of Hormuz remains a......
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