Bessent: Strait of Hormuz Will Be Bypassed

Treasury Secretary Bessent on Iran:

Tehran is trying to use the Strait of Hormuz as a chokepoint. It isn't one for the U.S., but it is for many other countries.

"That will be bypassed in 2 years. In 2 years, the Strait of Hormuz will be a worthless piece of water."

The oil will move through pipelines across land.

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