Qatar’s energy minister disputes Bessent’s forecast for Strait of Hormuz
Bloomberg reports that Treasury Secretary Scott Bessent predicted the strategic strait would be worthless in two years—a claim Saad al-Kaabi called “wrong.”
TLDR
Bloomberg said on September 20, 2026, that Qatar Energy Minister Saad al-Kaabi called Treasury Secretary Scott Bessent “wrong” for predicting that the Strait of Hormuz would be worthless in two years.
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