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Scott Bessent: “The market, I believe, is very well supplied right now.”

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

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LIVE: White House press briefing with Scott Bessent

Published | Video Starts at 21:49

… fact that the state of wills remain closed and by the time these oil gets to the mayor, markets could be two or three months again. The we see that The market, I believe, is very well supplied right now. The market seems to be going into balance there for itself. So I think that as the strait opens up, we're going to see this burst of ships come out. (21:49–21:53)

CLAIM

Asserts that the market is currently well supplied.

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