Bessent Says US Will Control Hormuz “Over Time”

Treasury Secretary Scott Bessent used a recent television interview to argue that the US can gradually restore freedom of navigation in the Strait of Hormuz while also stabilizing a global oil market he described in contradictory terms as both broadly supplied and still short by 10 million to 12 million barrels a day. Bessent said […] The post Bessent Says US Will Control Hormuz “Over Time” appeared first on the deep dive.