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Bessent Says Hormuz Route Will Be Bypassed In the Future
Source: youtube.com
Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
US Treasury Secretary said the Strait of Hormuz route will eventually be bypassed and become “worthless” amid sharply escalated US–Iran conflict. The comments follow a fresh wave of US strikes and Iranian retaliation, raising near-term geopolitical and oil-market risk even without new quantitative measures in the article.
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