U.S. Treasury Secretary Scott Bessent said China had been an “unreliable global partner” during the war in Iran, citing the communist regime’s hoarding of oil supplies and limits on certain exports, according to an April 14 report. [1] Bessent made the remarks to reporters on Tuesday, April 14. The secretary’s comments come as the Iran conflict has severely disrupted global energy markets, with the Strait of Hormuz – a critical chokepoint for oil transport – effectively closed by Iranian forces. [2] Bessent Raises Issue Directly With Chinese Officials Bessent stated he had raised the issue of resource hoarding directly with Chinese officials, according to the…
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