The Atlantic reports US Treasury Secretary Bessent told President Trump that
tougher sanctions might force Iran to submit and that, as roughly 70% of energy
flows shift to pipelines, the Strait of Hormuz would become irrelevant within
two years.
2026-08-12
The Atlantic reports US Treasury Secretary Bessent told President Trump that
tougher sanctions might force Iran to submit and that, as roughly 70% of energy
flows shift to pipelines, the Strait of Hormuz would become irrelevant within
two years.