US Treasury's Bessent says China has been unreliable partner by hoarding oil during war - Reuters

Reuters
April 14, 2026
2 min read

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US Treasury's Bessent accused China of being an unreliable partner by hoarding oil during an unspecified war.

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US Treasury's Bessent stated that China has acted as an unreliable partner. Bessent attributed this unreliability to China's practice of hoarding oil during an unspecified war. This accusation suggests potential strains in international energy cooperation and diplomatic relations, particularly concerning global supply stability during conflict. The statement from a US Treasury official indicates the Trump administration's concern over China's actions impacting global resource markets. Such comments can influence international perceptions of China's role in global crises and resource management.

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