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Scott Bessent: “The leaders confirmed that it would in fact be a 400 million…”

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

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Scott Bessent: Inside Trump's Treasury; War Costs; & Why Bond Market is King

Published | Video Starts at 22:31

So we had a G7 finance ministers meeting on Monday where it was discussed, energy meeting, ministers meeting yesterday, and then, excuse me, Tuesday. And then yesterday I was in the Oval with the President for the leaders meeting and The leaders confirmed that it would in fact be a 400 million barrel release, which is the largest in history. Yeah, I fully accept that the news of a potential release brought prices down from their peak, but clearly we're still up 50% or so from where we started the year. (22:31–22:39)

CLAIM

Asserts that a 400 million barrel release from strategic reserves was confirmed, the largest in history.

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