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

Workers walk in the Zubair oil field, whose operations have being reduced since the start of the Iran war, near Basra, Iraq, March 28.

Treasure Secretary Scott Bessent said oil pipelines will make Strait of Hormuz irrelevant in two years. Energy experts say that is unlikely to happen.

(Image credit: Leo Correa)