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Hormuz Could Be ‘Redundant’ in Five Years, Replaced by New Routes, HSBC CEO Says

📅 2026-10-20 | 📰 Insurance Journal
#insurance-news #hormuz #could #redundant

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz “redundant” in the next five years, HSBC Group Chief Executive Georges Elhedery said on Tuesday. The...

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