US Treasury Secretary Bessant has asserted that the United States will eventually gain control over the Strait of Hormuz, a critical chokepoint for global oil shipments. This statement comes as the oil market grapples with a significant supply shortage of 10 to 12 million barrels per day. The strait is witnessing increased maritime traffic, including Russian and Iranian crude oil, which are now free from sanctions. Additionally, Bessant highlighted the potential recovery of hundreds of billions of dollars in fraudulent funds, underscoring the financial stakes involved in the region. The strategic importance of the Strait of Hormuz continues to be a focal point in global energy and geopolitical discussions.