Political Quotes

Scott Bessent: the latest actions could cut Russia's oil revenue 20% or 30%.

On the recordNovember 21, 2025
the latest actions could cut Russia's oil revenue 20% or 30%.
Said by
Scott Bessent
Source
cbsnews.com
Nov 21, 2025

Editor's note · Context

Commenting on the potential financial impact of the sanctions on Russia.

Share

More from Scott Bessent

Aug 24, 2026

Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.

foreignpolicy.com
Aug 3, 2026

We strongly support Japan's decisive market and monetary steps to correct the substantial undervaluation of the yen.

bbc.co.uk
Aug 24, 2026

If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.

reason.com
Aug 24, 2026

Unfortunately, Prime Minister Carney rose to power on an anti-American, anti-Trump platform. I believe he was more than 20 points behind, and you know he seems to have gone back to his old playbook.

ipolitics.ca