The Treasury Secretary also criticised China, alleging Beijing was financially enabling Iran. “Iran is the largest state sponsor of terrorism, and China has been buying 90 per cent of their energy, so they are funding the largest state sponsor of terrorism,” he said.
Washington:
US Treasury Secretary Scott Bessent has termed President Donald Trump’s “Project Freedom” plan, under which the United States would help guide stranded ships through the Strait of Hormuz, as a “humanitarian effort” aimed at safeguarding critical global supply chains, including liquified petroleum gas (LPG), vital for daily cooking needs in India.
Speaking to Fox News, Bessent claimed that during the World Bank Spring Meetings last month, several nations — “some of the poorest and most vulnerable ones”– came to him, urging the US to restore the commercial shipping through the critical waterway.
“This is a humanitarian effort… It’s not only energy that’s in there, but it’s also fertiliser, it’s food transport, it’s LPG for the more than the billion-plus people in India use to cook,” he said. FOLLOW LIVE UPDATES