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Sunday, September 13, 2026

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

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

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Iran flag at a Persian Gulf oil facility, July 2005
Iran flag at a Persian Gulf oil facility, July 2005
(photo credit: REUTERS)
ByREUTERS
Updated:

President Donald Trump suggested on Sunday that the United States could stay in Iran and "keep the oil," drawing a parallel with a US 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.

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.

Venezuelan President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi (not pictured) after Iran delivered the second of four Aframax-sized oil tankers, with a capacity of 800,000 barrels, ordered from the Iranian company SADRA, to Venezuela in Tehran, Iran, June 12, 2022
Venezuelan President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi (not pictured) after Iran delivered the second of four Aframax-sized oil tankers, with a capacity of 800,000 barrels, ordered from the Iranian company SADRA, to Venezuela in Tehran, Iran, June 12, 2022 (credit: MIRAFLORES PALACE/HANDOUT VIA REUTERS)

Trump says he might 'stay and keep the oil'

But the president also introduced another option: stay engaged with Iran. He drew a parallel with the US 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 US revenue from Venezuela has "paid for the war many times."

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