Bessent: U.S. Holds "Approval" Attitude Towards Some Ships Passing Through the Strait of Hormuz

Odaily News According to U.S. Treasury Secretary Bessent on Monday, the United States currently holds an "approval" attitude towards some ships passing through the Strait of Hormuz. He also pointed out that any measures aimed at alleviating rising oil prices will depend on the duration of the Iran war. "We are seeing more and more fuel transport ships setting sail. Iranian ships have already departed first, and we have allowed this situation to occur in order to supply fuel to other parts of the world. We are now also seeing Indian ships setting sail," he said. "This situation should gradually increase before any fleet or escort fleet appears in the Gulf region. So we believe that Iran will naturally make concessions. Currently, we are satisfied with this. We hope global supplies are sufficient," Bessent stated. When asked whether the Trump administration would use means other than releasing oil reserves to mitigate rising oil prices and the impact of the war, Bessent said, "This will depend on the duration of the conflict." (Jin10)