PANews
PANews|5月 04, 2026 14:52
[U.S. Treasury Secretary Besent: Oil Market Supply Will Be Very Adequate] According to Jin10 reports, U.S. Treasury Secretary Besent stated: 'What we want to make clear is that the Iranians do not control the Strait of Hormuz. We absolutely control the Strait of Hormuz.' Besent noted that the current global oil shortfall caused by conflicts is approximately 8 to 10 million barrels per day. He also mentioned that each crude oil tanker passing through the Strait of Hormuz carries about 2 million barrels of oil. If four or five ships depart daily, the oil shortfall can be compensated. He further added that there are 150 to 200 such ships that 'can set sail.' 'So I believe the market supply will be very adequate,' Besent said. Meanwhile, Besent claimed that Iran's economy is 'in a free-fall decline.' 'Everyone says they can endure hardship. But their soldiers cannot endure not getting paid.'
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