US Is Letting Iran Continue to Ship Its Oil, Bessent Tells CNBC

US Treasury Secretary Scott Bessent

Photographer: Aaron Schwartz/Bloomberg

The US is letting Iran continue to ship its oil via the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC on Monday.

“The Iranian ships have ​been getting out already, and we’ve let that ​happen to supply the rest of the world,” he was reported as saying.