China remains a top buyer of Russian energy alongside India and Turkey.
Treasury Secretary Scott Bessent testifies before a House Ways and Means Committee hearing on Capitol Hill in Washington on June 11, 2025. Reuters/Elizabeth Frantz
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Treasury Secretary Scott Bessent said on July 29 that he has warned the Chinese regime that it could face sweeping U.S. trade penalties if it continues to purchase oil from Russia amid its ongoing invasion of neighboring Ukraine.
Bessent made the comments during a news conference in Stockholm following two days of U.S.–China trade talks in the Swedish capital alongside Chinese Vice Premier He Lifeng.
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
