US Treasury chief claims Hormuz will become "worthless" in two years
US Treasury Secretary Scott Bessent said on 1 September that the Strait of Hormuz will become a "worthless piece of water," bypassed entirely by overland oil pipelines, as part of a broader effort to "asphyxiate" Iran's economy.
"In two years, the Strait of Hormuz will be like a worthless piece of water that the oil will be going on pipelines across land," Bessent said on the sidelines of the G20 finance ministers' meeting...
Oh no, hahaha, he said the thing! The Strait of Hormuz lost its strategic significance all of a sudden. But I thought we controlled it! Anyway, jokes aside, I suspect he's probably right, as unfortunate as that is. The reason I think that is I don't see Iran bombing the new projects. Just like they're actively avoiding causing serious casualties among US soldiers. Can't upset the CIA too much. Is-la-ma-bad!
@americanmajority
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