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Scott Bessent: “We think they have the lowest amount of oil on the water…”

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

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Trump deal with Iran, gas prices, economics & more addressed during Scott Bessent, Larry Kudlow chat

Published | Video Starts at 05:18

Kharg island, which is the Iranian oil export facility, is shut down. Basically turned that off. The blockade did that. We think they have the lowest amount of oil on the water. Their only client is China. And one I would point out that the Iranians made a very big strategic mistake because everyone said, oh, well, the Iranians attacked the GCC and the infrastructure and that really makes them invulnerable. (05:18–05:26)

CLAIM

Asserts that Iran has minimal oil exports, with China as its only client.

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