U.S. says pipelines will make Strait of Hormuz be irrelevant. Energy experts disagree

The U.S. Treasury Secretary claims that new oil pipelines will render the Strait of Hormuz, a critical chokepoint for global oil shipments, irrelevant within two years. However, energy experts argue this timeline is highly optimistic and unlikely. The debate underscores differing views on the future of Middle Eastern oil transport and highlights the complexities of geopolitical and economic shifts in the region. The disagreement also reflects broader concerns about the reliability and security of global energy supply routes.