12.03.2026 18:12
A striking statement came from U.S. President Donald Trump as Iran's closure of the Strait of Hormuz shook the oil markets. Trump said, "The U.S. is by far the world's largest oil producer. Therefore, when oil prices rise, we make a lot of money."
As tensions rise in the Strait of Hormuz, U.S. President Donald Trump made a statement that could shake global oil markets. Evaluating Iran's threats to close the strategic strait, Trump emphasized that the U.S. is the world's largest oil producer.
TRUMP'S STATEMENT ON THE HORMUZ STRAIT
Trump stated that this new position provides them with an economic advantage, expressing that the increase in oil prices will directly return as high profits for the U.S. economy.
"WE MAKE A LOT OF MONEY WHEN OIL PRICES RISE"
Trump said: "The U.S. is by far the world's largest oil producer. Therefore, we make a lot of money when oil prices rise.
However, the issue that carries much greater interest and importance for me as president is to stop the evil empire of Iran from possessing nuclear weapons and devastating the Middle East, and even the world. I will never allow that to happen."