Scott Bessent: “China gets 50% of its energy from the Gulf.”

“China agrees Iran cannot have a nuclear weapon. China agrees that there has to be free maritime trade in the Strait of Hormuz. China gets 50% of its energy from the Gulf. So I believe it's up to China or incumbent upon China to work toward a solution. The we will see how they follow through.” (12:14–12:18)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.