Strait Talk: Hormuz's Endgame Fanciful and Far Off The Strait of Hormuz has long been a critical chokepoint for global oil trade, connecting the Persian Gulf to the Arabian Sea.
Its importance is not lost on energy policymakers and observers, who have watched its role evolve over the decades.
US Treasury Secretary Scott Bessent recently predicted that in two years, the strait will be "like a worthless piece of water.