Hormuz Cannot Be Pipelined Away: Why the Strait Will Remain Indispensable
By Elijah J. Magnier – United States Treasury Secretary Scott Bessent has predicted that the Strait of Hormuz will become irrelevant within two years. In an interview in Arizona in early August 2026, he argued that Iran’s use of the waterway as a strategic chokepoint had accelerated the construction of alternative export routes. He expected […]
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