About this transcript: This is a full AI-generated transcript of Trump threatens to 'blow up' Oman, addresses Strait of Hormuz, claims gas prices will drop post-war from USA TODAY, published May 28, 2026. The transcript contains 1,101 words with timestamps and was generated using Whisper AI.
"Mr. President, Iran wants control of the Strait over moves. Would you accept a short-term deal that allows Iran and Oman to control the Strait? And would they have to open it immediately? Or would you be open to that happening over a period of time? The President, the Strait is going to be open to..."
[0:00] Mr. President, Iran wants control of the Strait
[0:03] over moves.
[0:03] Would you accept a short-term deal that
[0:05] allows Iran and Oman to control the Strait?
[0:08] And would they have to open it immediately?
[0:10] Or would you be open to that happening over a
[0:11] period of time?
[0:12] The President, the Strait is going to be open to
[0:13] everybody.
[0:14] It's international waters.
[0:17] Nobody is going to control it.
[0:19] We're going to watch over it.
[0:20] We'll watch over it.
[0:21] But nobody is going to control it.
[0:22] That's part of the negotiation that we have.
[0:24] They would like to control it.
[0:26] Nobody is going to control it.
[0:27] It's international waters.
[0:28] And Oman will behave just like everybody else,
[0:31] and we'll have to blow them up.
[0:33] They understand that.
[0:34] They'll be fine.
[0:35] The Pressure- Mr. President, thank you.
[0:36] How much economic pressure do you feel to get the
[0:39] Strait of Hormones open?
[0:41] The President- Well, you have to say, the
[0:42] United States has so much oil that we are an
[0:45] export of oil.
[0:46] So we have plenty of oil.
[0:48] We're very lucky.
[0:49] We're blessed with the greatest piece of land in
[0:52] the world from that standpoint.
[0:54] And we have more than anybody else.
[0:56] And now, when you add Venezuela to it, we have,
[0:58] I think, 64 percent of the world's oil.
[1:01] And we're getting along very well with Venezuela,
[1:04] by the way.
[1:05] It's being run really beautifully.
[1:06] The big companies are moving in.
[1:07] They're going to be a- it's going to be amazing
[1:10] because it's also, like us, they're very- they're
[1:12] very blessed in that sense.
[1:13] But we have natural energy that no other country has.
[1:17] We have more than anybody else.
[1:19] So it's really a world problem because most of the
[1:22] world doesn't have that.
[1:23] And we're making it available during the closing.
[1:26] I don't know if you've seen some of the satellite
[1:29] pictures.
[1:30] Boats.
[1:31] Hundreds of boats lined up.
[1:32] It looks like I used to say the Long Island
[1:34] Expressway .
[1:36] They're lined up and they're coming to Texas,
[1:38] Louisiana.
[1:38] They're coming to Alaska to fill up their boat.
[1:42] They have big boats.
[1:43] Some of them are really big.
[1:44] You know, two billion gallons.
[1:46] Even bigger than that now they make them.
[1:47] They make them up to four, Chris, I hear.
[1:49] Now they make them up to four.
[1:51] The four are now the big ones.
[1:52] It used to be the ones.
[1:53] Now it's four million barrels of- think of that.
[1:57] Four million barrels of oil in one boat.
[1:59] But they're lined up and they're right now heading
[2:03] to Texas.
[2:03] And they've already filled up and they've gone back.
[2:05] The Press- But the American people, sir.
[2:07] The President- In addition to that, you have a
[2:08] lot of boats.
[2:08] You have about 1,400, 1,500 boats in the
[2:10] strait wanting to get out.
[2:12] And at the right time, we'll release them.
[2:14] The Press- But the American people, sir, are
[2:15] seeing higher gas prices.
[2:16] The President- Yeah, that's-
[2:17] The President- Now, it's come down a
[2:18] little bit, but it's still $4.45.
[2:19] The President- Oh, it'll come down a lot.
[2:20] It'll go- It'll come down to where it was before.
[2:23] We had it- When I was in Iowa, we had- We were
[2:26] driving by and we saw gas stations.
[2:29] $1.90 a gallon, $1.85, $1.87 were the three
[2:34] that we saw.
[2:35] We had it down in some places below.
[2:38] Now, we can't help a California where they
[2:39] charge so much tax that, you know, you lower it
[2:41] and they charge tax.
[2:43] They've got to straighten the act out in California.
[2:45] But we had oil- We had gasoline down to a very
[2:47] low number.
[2:48] I think we'll be hitting that number shortly
[2:52] after that whole excursion ends.
[2:56] Does that give you more urgency?
[2:57] The President- But regardless of
[2:58] anything, regardless of anything, as Marco said
[3:01] better than anybody can say it, you can't let them
[3:04] have a nuclear weapon.
[3:05] They would use it instantly.
[3:07] They wouldn't think about it.
[3:08] They would use it instantly.
[3:10] I've gotten to know them.
[3:11] They would use it instantly.
[3:12] Does that give you more urgency, Mr.
[3:14] President?
[3:14] You've said that you're in no rush to make a
[3:16] deal.
[3:16] But with gas prices that are so high across the
[3:18] country, people are paying more for travel.
[3:21] Does that give you more urgency to make a deal?
[3:22] Why doesn't it?
[3:23] Well, I'll tell you the primary urgency.
[3:25] I said this.
[3:25] It wasn't covered properly.
[3:27] But the primary urgency is that we can't let Iran
[3:30] have a nuclear weapon.
[3:32] But at the same time, we have a tremendous amount
[3:34] of oil, gas, coal.
[3:37] We have tremendous amounts of energy.
[3:39] We're blessed with something very special.
[3:41] Those prices are going to come down.
[3:43] They're going to come down fast.
[3:44] I think I think that you'll see actually, Todd, I
[3:46] think you're going to see lower prices that we had
[3:48] even before we did this.
[3:50] Now, I knew there'd be an increase.
[3:52] I said, we have a choice.
[3:53] We don't have to do anything.
[3:54] And then two years or one year or two months,
[3:56] because Iran would have had if we didn't hit that
[3:59] with the B-2 bombers, Iran would have had a
[4:02] nuclear weapon within two weeks from that date
[4:04] because they were ready to go.
[4:06] And if they had a new weapon, a nuclear weapon,
[4:09] it would have been used already.
[4:10] It also would have been used had I not terminated
[4:13] the Obama deal, the Iran nuclear deal, as we call it.
[4:17] That was in my first term.
[4:18] Had I not terminated that, they would have had a
[4:20] nuclear weapon a long time ago.
[4:22] I would say it was a guarantee that it would have
[4:25] been used and it would have blown up Israel.
[4:28] It would have blown up the entire Middle East.
[4:30] And that's never going to happen.
[4:31] Yeah, please.
[4:32] The Press Press on Iran, would you be
[4:34] comfortable with Russia or China taking their
[4:36] stockpile of highly enriched uranium?
[4:38] And have they offered to do that?
[4:39] The President, I wouldn't be comfortable.
[4:40] The Press Press on Iran, would you like to
[4:42] say, is the U.S.
[4:43] considering easing sanctions on Iran to
[4:46] allow Iran to sell its crew to market?
[4:48] The President, no, we're not talking about any
[4:49] easing of sanctions or giving money.
[4:51] No sanctions, no money, no nothing.
[4:55] We have control of money that they claim is theirs.
[5:00] We'll keep control of that money.
[5:02] When they behave properly and when they do what's
[5:04] right, we'll let them have their money.
[5:06] But right now, we're not doing that.
[5:08] And one thing is not contingent on the other.