Scott Bessent: “China was buying over 90% of the Russian oil.”

“Would they have gotten any of that in place? Whoever does your research, you should get rid of because they, they were getting it. It was going into China. China was buying over 90% of the Russian oil. and it was. But what's the point of sanctions if not to punish Russia, if not to Pun, if we have no ability to do that to China?” (09:11–09:15)

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.