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U.S. Treasury Secretary Scott Bessent Predicts Strait of Hormuz Could Become "Worthless" Within Two Years as New Pipelines Emerge
Speaking in North Carolina, Bessent stated that alternative pipeline routes are expected to reduce reliance on the key Persian Gulf energy corridor, potentially rendering the Strait of Hormuz strategically insignificant. He remarked, "In two years, the Strait of Hormuz will be like a worthless piece of water."
Source：X@DeItaone · Source Link
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