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Scott Bessent: “The Iranians are trying to cut off international freedom of…”

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

'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz

Published May 4, 2026 | Video Starts at 00:41

But what is going on is that they're reduced. Their navy is not a navy anymore. It's a band of pirates. They The Iranians are trying to cut off international freedom of navigation through the Strait of Hormuz and the US is opening that up. This is a humanitarian effort. I can tell you. Two weeks ago was IMF World bank week in Washington. (00:41–00:51)

CLAIM

Asserts that Iran is attempting to block navigation through the Strait of Hormuz, but the US is counteracting this.

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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Scott Bessent

“We have blockaded the ships going into or out of Iranian ports.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 01:21-01:27
“Numerous ships, maybe in double digits, have been destroyed.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 03:19-03:24
“We've destroyed their [Iran's] air force, we've destroyed all their conventional navy.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 03:44-03:49
“The market, because of the conflict around the strait, is in deficit about 10 million barrels a day.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 05:07-05:16
“Iran is the largest state sponsored terrorism and China has been buying 90% of their energy.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 08:00-08:08
“One out of every five seniors has been the subject of a financial scam.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 10:57-11:02
“Their [Iran's] economy is in free fall.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 00:25-01:29
“The Iranian economy is in free fall.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 02:24-02:27
“Project Freedom is something that's been in the works.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 03:02-03:07
“OPEC just announced they're going to be pumping more.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 05:43-05:46
“The US has record crude deliveries.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 05:46-05:49
“We are the number one energy superpower in the world.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 05:48-05:52
“The threat of attacks from Iran has closed the strait. We are reopening it.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 08:13-08:20
“There are things moving through the UN That China and Russia have blocked.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 08:24-08:30
“During President Trump's account, there's $1,000 seed investment.”
'BAND OF PIRATES': Bessent TORCHES Iran's navy as US flexes power in Strait of Hormuz | Uploaded May 4, 2026 | 10:08-10:13