HSBC CEO Predicts Strait of Hormuz May Become Redundant in Five Years
HSBC Group CEO Georges Elhedery stated that the Gulf region could recover from the Iran war's impact by investing in alternative logistics routes. He suggested this could make the Strait of Hormuz redundant within five years. Speaking in Dubai, Elhedery also reaffirmed HSBC's commitment to the GCC region's economic future.
Economic Times··Dubai



