Bessent: China’s Iran Oil Purchase a Topic of Ongoing Discussion

May 3, 2026, 3:12 PM UTC

China’s energy purchases from Iran have been a “topic of ongoing discussion,” Treasury Secretary Scott Bessent tells CBS’s Face the Nation.

  • The US has been encouraging China to stop energy purchases from Iran, a sponsor of terrorism, he says
    • China has been financing Iran with energy purchases, Bessent says
  • Bessent says he doesn’t know of any plan by President Donald Trump to postpone his meeting with Chinese President Xi Jinping again due to the Iran conflict

To contact the reporter on this story:
Sam Kim in New York at skim609@bloomberg.net

To contact the editors responsible for this story:
Kasia ...











Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.