“They’re not going to be able to get their oil. They can get oil. Not Iranian oil,” Bessent told reporters in Washington, DC.
He went on to criticise China, which buys most of Iran’s oil, saying it was being an “unreliable global partner”, including by hoarding oil supplies and limiting exports of some goods. He said he has spoken with Chinese officials on the issue, but declined to answer a question on whether the dispute could derail Trump’s plan to visit Beijing in mid-May,
“I think the message for the visit is stability. We’ve had great stability in the relationship since last summer; that emanates from the top down,” Bessent said. “I think that communication is the key.”