Scott Bessent’s Delusional Oil Pipe Dream to Defeat Iran, by Larry C. Johnson
10 August 2026 at 05:10
When U.S. Treasury Secretary Scott Bessent told an interviewer this weekend that the Strait of Hormuz would “become irrelevant” within two years — with more than half the energy now crossing it rerouted through underground pipelines — he was indulging a pipe dream. Bessent fails to grasp that Iran’s ability to use the Strait of...