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Scott Bessent: “The largest the SPR release in history done by a coalition…”

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

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Scott Bessent defends U.S. military actions in Iran: 'Sometimes you have to escalate to de-escalate'

Published | Video Starts at 08:00

… during the beginning of Russia, Ukraine is because we are well supplied in the market, whether it is the Russian oil, whether it is the Iranian oil or it is The largest the SPR release in history done by a coalition of 32 countries, 400 million barrels. All right, let's talk about the Russian oil which you just raised. The administration did ease oil sanctions on Russia earlier this month. (08:00–08:09)

CLAIM

Asserts that a coalition of 32 countries released 400 million barrels from the Strategic Petroleum Reserve.

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