Qatar Energy Chief Rejects Bessent's Strait of Hormuz Prediction

Qatar Energy Chief Rejects Bessent's Strait of Hormuz Prediction

Qatar's Energy Minister Saad Al-Kaabi said US Treasury Secretary Scott Bessent is "wrong" to claim the Strait of Hormuz will be worthless in two years. Speaking at the Qatar Economic Forum, Al-Kaabi said the waterway remains vital for global trade and Qatar has no plans to build bypass pipelines. Qatar's commerce minister echoed the view.

Source: Moneycontrol

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