Trump says US could retain Iranian oil after war, likening it to Venezuela
President Trump suggested the United States might keep Iranian oil after the conflict, comparing the scenario to the country's approach in Venezuela.
President Trump, while in Ireland for a golf tournament, asserted that the United States might keep Iranian oil after the war, drawing a parallel to the deal his administration secured with Venezuela. He recalled that the US has benefited financially from Venezuelan oil, which has helped pay for past wars, and predicted that U.S. fuel prices would drop dramatically once the Iran conflict is resolved. Trump also suggested the war could be over by the end of the year, though he left open the possibility of staying involved for oil gains.
Meanwhile, Brent crude prices remain close to $100 a barrel as the Strait of Hormuz stays constrained after Iranian attacks, including a strike that killed one person and wounded four on a cargo vessel near Qeshm Island. The situation underscores the broader impact of the Middle East hostilities on global energy markets.
How this was covered
- Left-leaning coverage is the most divided on this story
Why it matters
Trump's remarks link U.S. foreign policy to oil strategy, affecting global markets and regional stability.
How the sides frame it
MODERATE AGREEMENTLeft-leaning coverage frames Trump’s remarks as a self-served push for oil profits that has created an energy crisis, while centrist and right-leaning coverage simply report his statements about possibly staying in Iran, keeping its oil, and the expected drop in fuel prices, with the right also stressing a call for other countries to reimburse the United States.
LEFT
Trump’s oil-focused comments are portrayed as a self-inflicted energy crisis and profit-driven maneuver.
CENTER
Trump hints that the U.S. could remain in Iran to control oil, likening it to the Venezuela deal, and predicts lower fuel prices after the war.
RIGHT
Trump’s suggestion to stay and keep Iranian oil is presented alongside a demand that the world reimburse the U.S. for its efforts, emphasizing American resolve and expected price drops.
The left emphasises
- self-inflicted energy crisis
- oil-profit motive
- price of gasoline will "drop like a rock"
The right emphasises
- stay and keep oil like Venezuela
- world should reimburse the U.S. after the war
- oil prices will tumble down
How this story developed
- Sep 7 Trump secures oil partnership with Venezuela as critics demand timely elections
- Sep 12 Legal experts have voiced doubts about the pact’s compliance with Venezuela’s Hydrocarbons Law and international conventions.
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