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Scott Bessent: “Middle Eastern counterparts, finance ministers, say that…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media

Published | Video Starts at 15:31

So we will see and I'm optimistic that during the summer we will see gas with a 3 in front of it sooner rather than later. It's bank week here in D.C. so I've been meeting with a lot of my Middle Eastern counterparts, finance ministers, say that once the [Straits of Vermouth] are open, they can start pumping again within one week. So not by summer, like Memorial Day, but maybe by Labor Day again. I'm optimistic that sometime between June 20th and September 20th that we can have $3 gas again. (15:31–15:42)

CLAIM

Asserts that Middle Eastern finance ministers claim oil pumping can resume within a week once the Straits of Vermouth are open.

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.


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