Sec. Scott Bessent: We Can See the Iranians Are Trying to Use the Strait of Hormuz as a Chokepoint, That Will Be Bypassed in Two Years

EXCERPT:

BESSENT: “We could see the Iranians are trying to use the Strait of Hormuz as a choke point. It's not a choke point for the U.S., but it is a choke point for many, many other countries. But that will be bypassed in two years. 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.”