Treasury Secretary Scott Bessent: Iran has just 30 million barrels of oil left to sell

Treasury Secretary Scott Bessent estimated Sunday that Iran has only a smattering of crude oil left to sell to China.

Treasury Secretary Scott Bessent: Iran has just 30 million barrels of oil left to sell

TL;DR

  • Treasury Secretary Scott Bessent estimates Iran's remaining crude oil reserves for sale are minimal.
  • Iran reportedly has only a smattering of oil left to sell.
  • China is identified as the destination for Iran's remaining oil sales.