Bessent grants a 30-day extension for Russian oil in tankers as Iran war squeezes supply
--------------------------------------------------------------------
Source: South China Morning Post
Published: 2026-05-19 04:47 UTC+10:00
Section: Scott Bessent
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Europe, Military & Defence, Iran, Ukraine/Russia, Energy, China, World News, War & Conflict, Asia Pacific
--------------------------------------------------------------------
Snippet:
US treasury secretary said the move would help poorer nations as China would not have the ability to ‘stockpile discounted oil’ from Russia
--------------------------------------------------------------------