Trump says US could stay in Iran and keep oil, like Venezuela deal

President Trump suggested the United States might remain in Iran to secure its oil. He drew a parallel to the US involvement in Venezuela's extensive oil reserves. Trump reiterated his expectation for the Iran war to conclude this year. He stat...

AP
President Donald Trump
President Donald Trump suggested on Sunday the ​United States could stay in Iran and "keep the oil", drawing a parallel with a U.S. push to take control of a fifth ‌of Venezuela's ⁠vast ⁠oil reserves.

On a trip to Ireland for meetings and ​to watch golf, he reiterated that he still expected the Iran war ​to end this year, possibly just after midterm elections due in the United States in November.

Speaking at the ​Irish Open golf championship, Trump added that ⁠the price ‌of gasoline would "drop like a rock" ​once ​the Iran war ended.


Also Read: Asked about Fed decision, Trump says US should have the lowest rate in the world

Turmoil in the Middle East ⁠has roiled oil markets, with oil traders expecting ​prices to rise again on Monday after ​an attack on a Saudi oil pipeline.

Trump said that he would only make the "right deal" and wouldn't do one that was "no good", adding that Iran was "calling constantly" for peace talks - an assertion that ‌Tehran has dismissed in the past.
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But the president also introduced another option: stay engaged with Iran. ​He drew ​a parallel with ⁠the U.S. deal in Venezuela, announced in August.

"We'll ultimately get out (of Iran), unless we decide to stay and keep the ​oil like Venezuela," Trump said, adding that the U.S. revenue from Venezuela has "paid for the war many times."
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