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★ — Net worth (published estimate)
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Posted · · Firings
Poster · @bloomberg (Bloomberg Politics)
Synopsis
Bessent Says Hormuz Will Be ‘Worthless’ as Oil Bypasses It — Treasury Secretary Scott Bessent dismissed the importance of the Strait of Hormuz on Tuesday, saying the crucial waterway for Persian Gulf energy that’s been controlled by Iran during the recent conflict will be bypassed by oil pipelines.
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