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.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-09-20/hormuz-cannot-be-obsolete-qatar-energy-minister-says-video)