Bessent predicts Strait of Hormuz will be ‘worthless’ in 2 years
- Posted on September 1, 2026
- By The Hill
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- 1 min read
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Bessent predicts Strait of Hormuz will be ‘worthless’ in 2 years
Treasury Secretary Scott Bessent said Tuesday that the Strait of Hormuz will be “worthless” to the oil industry in two years. Speaking to Fox Business’s Larry Kudlow on the sidelines of the Group o…
