{
  "id": 4932349,
  "title": "Bessent predicts Strait of Hormuz will be 'worthless' in 2 years",
  "url": "https://urgent.news/2026/09/01/bessent-predicts-strait-of-hormuz-will-be-worthless-in-2-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T20:16:39.000Z",
  "source": {
    "name": "The Hill",
    "slug": "the-hill",
    "url": "https://thehill.com/policy/energy-environment/6064086-bessent-strait-of-hormuz-worthless/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Treasury Secretary Scott Bessent said Tuesday that the Strait of Hormuz will be “worthless” to the oil industry in two years. Speaking to Fox Business’s Larry Kudlow on the sidelines of the Group of 20 finance ministers' summit in North Carolina, Bessent argued the key waterway is “not a choke point” for the U.S. In...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Al Jazeera",
        "title": "Qatar says efforts under way to end Iran-US war and reopen Strait of Hormuz",
        "url": "https://urgent.news/2026/09/01/qatar-says-efforts-under-way-to-end-iran-us-war-and-reopen-strait-of",
        "published": "2026-09-01T15:29:48.000Z"
      },
      {
        "outlet": "Axios",
        "title": "U.S. military conducting fresh strikes in the Strait of Hormuz",
        "url": "https://urgent.news/2026/09/01/u-s-military-conducting-fresh-strikes-in-the-strait-of-hormuz",
        "published": "2026-09-01T16:49:03.000Z"
      },
      {
        "outlet": "Euronews",
        "title": "US military says it struck IRGC targets in Iran after attacks on shipping in Strait of Hormuz",
        "url": "https://urgent.news/2026/09/01/us-military-says-it-struck-irgc-targets-in-iran-after-attacks-on",
        "published": "2026-09-01T17:40:23.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "US launches new barrage of strikes on Iran around Strait of Hormuz",
        "url": "https://urgent.news/2026/09/01/us-launches-new-barrage-of-strikes-on-iran-around-strait-of-hormuz",
        "published": "2026-09-01T18:37:05.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Oil surges over 5% as US-Iran tensions raise Hormuz Strait risks",
        "url": "https://urgent.news/2026/09/01/oil-surges-over-5-as-us-iran-tensions-raise-hormuz-strait-risks",
        "published": "2026-09-01T19:27:30.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "Bessent says Strait of Hormuz would be 'worthless piece of water' as oil pipelines bypass it",
        "url": "https://urgent.news/2026/09/01/bessent-says-strait-of-hormuz-would-be-worthless-piece-of-water-as",
        "published": "2026-09-01T19:58:17.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "US launches new barrage of strikes on Iran around Strait of Hormuz",
        "url": "https://urgent.news/2026/09/01/us-launches-new-barrage-of-strikes-on-iran-around-strait-of-hormuz-4932645",
        "published": "2026-09-01T20:01:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}