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Hormuz ‘Cannot Be Obsolete,’ Qatar Energy Minister Says

Bloomberg Markets Sunday 20 September 2026, 17:01 UTC 1 min read
Key Points

Sep 20th, 2026 Hormuz ‘Cannot Be Obsolete,’ Qatar Energy Minister Says Qatar Energy Minister Saad al-Kaabi discusses the future of the Strait of Hormuz and says that to call the strait obsolete is “wrong.” US Treasury Secretary Scott Bessent commented on Sept. 1 that the Strait of Hormuz will be like a worthless piece of water in two years. He spoke with Annmarie Hordern at the 2026 Qatar Economic Forum, UNGA Special Edition; Powered by Bloomberg.

Sep 20th, 2026 Hormuz ‘Cannot Be Obsolete,’ Qatar Energy Minister Says Qatar Energy Minister Saad al-Kaabi discusses the future of the Strait of Hormuz and says that to call the strait obsolete is “wrong.” US Treasury Secretary Scott Bessent commented on Sept. 1 that the Strait of Hormuz will be like a worthless piece of water in two years. He spoke with Annmarie Hordern at the 2026 Qatar Economic Forum, UNGA Special Edition; Powered by Bloomberg.
Hormuz (LOCATION) Qatar (LOCATION) Qatar Energy (ORG) Saad al-Kaabi (PERSON) the Strait of Hormuz (LOCATION) US Treasury (ORG) Scott Bessent (PERSON) Annmarie Hordern (PERSON) UNGA Special Edition (ORG) Powered (ORG) Bloomberg (ORG)
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