Hormuz will be 'worthless' within two years, US Treasury chief Bessent says | The National
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Source: The National (UAE)
Published: 2026-09-02 00:52 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Energy, Trade & Sanctions, World News
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Snippet:
The Strait of Hormuz will soon have no value as an oil conduit, US Treasury Secretary Scott Bessent said on Tuesday, as countries develop new export pipelines.
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