PANews reported on March 4th, citing data from Jinshi, that US Treasury Secretary Bessenter stated that the US Navy will provide security escorts for oil tankers if necessary. Regarding Iran, he stated that he has complete control of Iranian airspace and will destroy Iranian ballistic missiles and bunkers in the coming days. He added that US President Trump has a clear vision for this, and all parties should back down. Regarding oil, he stated that the crude oil market is well-supplied and that a series of statements will be issued. He also stated that everything related to Iran is progressing smoothly, with millions of barrels of oil away from the Gulf region. He is maintaining contact with other countries regarding the oil market.