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HSBC Chief Sees Gulf Reducing Reliance On Hormuz In Five Years

HSBC CEO Georges Elhedery says Gulf countries could reduce their reliance on the Strait of Hormuz through alternative logistics routes within five years.

Newsflez.live October 20, 2026

HSBC CEO Georges Elhedery says Gulf countries could reduce their reliance on the Strait of Hormuz through alternative logistics routes within five years.