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Trump warns Iran as oil fears grow

Trump warns Iran as oil fears grow

Washington, May 27 (SocialNews.XYZ) President Donald Trump on Wednesday said Iran was making progress in negotiations with the United States but warned military action remained an option, as concerns mounted over oil prices and tensions around the Strait of Hormuz.

Speaking during a Cabinet meeting at the White House, Trump said the administration’s central objective remained preventing Iran from acquiring a nuclear weapon.

 

“Iran cannot have a nuclear weapon,” Trump said. “I’m doing that for the world.”

The President said Tehran was beginning to offer concessions in ongoing talks but insisted any agreement had to be comprehensive.

“We can make a good deal right now, but maybe not a great deal, and if it’s not a great deal, we’re not making it,” he said.

Trump repeatedly linked the talks to rising tensions in the Strait of Hormuz, the critical shipping lane through which a large portion of global oil supplies move. He ruled out any arrangement that would allow Iran to control the waterway.

“The Strait is going to be open to everybody,” Trump said. “Nobody’s going to control it. It’s international waters.”

The remarks came as oil markets remained volatile following recent military escalation involving Iran. Trump acknowledged that American consumers had seen higher fuel prices but argued the increase would be temporary.

“Those prices are going to come down fast,” he said.

Trump defended recent US military operations against Iran, saying Tehran’s nuclear ambitions had been set back significantly. He claimed Iran would have obtained a nuclear weapon “within two weeks” had the US not acted.

“If they had a nuclear weapon, it would have been used already,” Trump said.

Secretary of State Marco Rubio said diplomacy remained Washington’s preferred option but stressed that the administration would not compromise on Iran’s nuclear programme.

“The bottom line is Iran’s never going to have a nuclear weapon,” Rubio said. “Diplomacy is always the first option.”

Rubio added that there had been “some progress” in the negotiations and said the coming days would determine whether a broader agreement could be reached.

Secretary of War Pete Hegseth said recent US actions had severely weakened Iran’s military capabilities.

“They may have missiles, but they can’t build more right now,” Hegseth said.

Hegseth described “Operation Epic Fury” as part of a broader effort to pressure Tehran economically and militarily. He said Iranian tankers were being targeted globally and that the country’s economy was “hurting big time”.

Trump also claimed the US was now producing more oil than “Russia and Saudi Arabia combined” and said expanded American and Venezuelan output would help stabilise global energy markets.

The President said hundreds of ships remained lined up near the Strait of Hormuz awaiting passage.

“You have about 14, 1500 boats in the strait wanting to get out, and at the right time we’ll release them,” Trump said.

Trump also signalled that broader Middle East diplomacy could become part of any final arrangement with Tehran. He urged Gulf countries, including Saudi Arabia and Qatar, to join the Abraham Accords, calling such a move “historic”.

Source: IANS

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Trump warns Iran as oil fears grow

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