"Some of the oil is kept in floating storage outside the blockade, allowing Iran to gradually sell it at a discount to its main oil customer, China, despite US sanctions.
Washington is counting on those supplies running out in the foreseeable future.
“There’s probably only about 30 million barrels of Iranian crude oil left that China hasn’t bought,” Treasury Secretary Scott Bessent told Fox News on Sunday."
Framing: assertive ·
First seen: 2026-09-07 ·
Last seen: 2026-09-07 ·
Spread: 1 articles