September 1, 2026MacroCommoditiesPolitics·Bearish·geopolitics
Treasury Secretary Bessent says Strait of Hormuz could become 'worthless' within two years
US Treasury Secretary Scott Bessent stated that the Strait of Hormuz could become 'worthless' within the next two years, a remark with major implications for global energy routes, oil, and inflation. The comment was reported by multiple sources.
Detected & updated continuously · Source: Nebula
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@MartiniGuyYT
US Treasury Secretary Scott Bessent says the Strait of Hormuz could be “worthless” within the next two years. If that happens, it would completely change one of the world’s most important energy routes. That would have huge implications for oil, inflation and global markets. https://t.co/ZjRKTKk2qx
@HaveTwoBananas
Bessent says strait of hormuz "worthless" in 2 years.... great