Walter BloombergGeopolitics

BESSENT SAYS CHINA REMAINS IRAN'S ONLY OIL BUYER U.S. Treasury Secretary Scott Bessent said China remains the only major buyer of Iranian o…

BESSENT SAYS CHINA REMAINS IRAN'S ONLY OIL BUYER U.S. Treasury Secretary Scott Bessent said China remains the only major buyer of Iranian oil, while other countries are avoiding purchases over fears U.S. sanctions could return. He said this gives Tehran an incentive to negotiate with Washington, with the next round of U.S.-Iran talks expected to take place in Doha.
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