📍 Scott Bessent: Iran will likely not have oil to exchange in the next two weeks

📍 Scott Bessent: Iran will likely not have oil to exchange in the next two weeks

Scott Bessent, the U.S. Treasury secretary, said the Iranian government will likely deliver its last oil shipments to China within the next two weeks and then “will have nothing to exchange.”

He also said that Beijing has significantly reduced its assistance to the Islamic Republic.