And the Iranians were always selling their oil. They were always selling it to the Chinese and at a discount. And what I would say is It is better for the world and worse for them if they are getting, let's say it's the Brent rate, 75, $76 today, the full rate, rather than where we were a few weeks ago at $115 and getting 80% of that. So, and again, this is a very conditional performance based negotiation and we are offering them carrots and then there are sticks. Well, to that point. (27:12–27:32)
CLAIM
Asserts that it is better globally and worse for Iran if they sell oil at the full Brent rate rather than a discounted rate.
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.
