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GeopoliticsMediumUpdated•Originally published 28 September 2026•Updated 28 September 2026•
1 min read

Scott Bessent Predicts End of Iranian Oil Exports to China Within Two Weeks

Illustration of a man in a suit with maps of Iran and China, oil barrels, a tanker, and a red prohibition sign.

Key Facts

1US Treasury Secretary Scott Bessent stated that Iran's remaining oil exports to China could end within two weeks.
2The comments come amid intensifying U.S. pressure and a blockade targeting Tehran.

US Treasury Secretary Scott Bessent stated that Iran's remaining oil exports to China could end within two weeks. Benzinga reported that these comments come amid intensifying U.S. pressure and a blockade targeting Tehran to eliminate its primary source of foreign trade revenue.

The predictions follow a period of tightened enforcement against Iranian oil routes. Regarding energy sector data, the API Crude Oil Stock Change reported on September 22, 2026, showed an increase of 1.786 million barrels, contrasting with earlier forecasts of a 0.5 million barrel decrease.