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US Treasury secretary warns of a potentially diminished future role for the Strait of Hormuz

United StatesIran
First seen: Sep 2, 2026, 5:02 AM UTCUpdated: Sep 2, 2026, 4:32 PM UTC

The US Treasury secretary reportedly anticipates that the Strait of Hormuz could lose much of its strategic value within two years.

A major shift in the strait's role could affect global energy flows and markets.

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