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Yeshiva World News · Oct 20, 2026

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HSBC CEO Georges Elhedery says the Strait of Hormuz could become largely unnecessary for Gulf energy exports within five years as countries develop alternative routes, with about $872 billion in infrastructure projects under consideration.

HSBC CEO Georges Elhedery says the Strait of Hormuz could become largely unnecessary for Gulf energy exports within five years as countries develop alternative routes, with about $872 billion in infrastructure projects under consideration.

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