Trump Eyes Long-Term Presence in Iran with Potential Oil Grab
US President Donald Trump suggested on Sunday that the country could maintain its presence in Iran and 'keep the oil', drawing parallels with its approach to Venezuela. He made this comment during a trip to Ireland, where he was meeting with officials and attending the Irish Open golf championship.
Trump reiterated his expectation that the war in Iran would conclude by the end of the year, possibly after the US midterm elections scheduled for November. He also stated that once the conflict ends, the price of gasoline will 'drop like a rock'.
The US has been engaged in a tumultuous relationship with Iran, which has had a significant impact on oil markets. Oil traders are anticipating a rise in prices on Monday following an attack on a Saudi oil pipeline.
Trump mentioned that Iran is 'calling constantly' for peace talks, but the country has previously dismissed this claim. However, he also introduced another option: maintaining engagement with Iran, citing the US deal in Venezuela as an example.