Billionaire Ray Dalio Says ‘Battle’ For Strait Of Hormuz Will Determine America’s Future

Hedge fund billionaire Ray Dalio on Friday cautioned that the U.S.-Iran war has entered a decisive phase he thinks will determine a winner and loser in the conflict—and indicate if American global power holds into the future.

READ MORE: https://www.forbes.com/sites/maryroeloffs/2026/07/24/billionaire-ray-dalio-says-battle-for-strait-of-hormuz-will-determine-americas-future/

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