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Scott Bessent: “We gave a 30 day waiver for Russian oil that was already on…”

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

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Treasury Secretary Bessent: U.S. is allowing Iranian tankers through Strait of Hormuz

Published | Video Starts at 04:26

So we think that there will be a natural opening that the Iranians are letting out. And for now we're, we're fine with that. We want the world to be well supplied. The other thing that we did, We gave a 30 day waiver for Russian oil that was already on the water. It was about 130 million barrels. and that's a lot of oil. Good thing about it. But one and a half days global supply, Mr. Secretary. No, no, but that's bad framing. (04:26–04:35)

CLAIM

Asserts that a 30-day waiver was given for 130 million barrels of Russian oil.

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