Trump Likens Iran Oil Plan to Venezuela

On Sunday, President Donald Trump hinted that the United States might remain in Iran and "keep the oil". an approach he compared to the US effort to take control of one-fifth of Venezuela's vast oil reserves.

During his trip to Ireland, he reiterated that he still expects the war in Iran to end this year, likely right after the US midterm elections in November.

At the Irish golf championship, he added that the price of gasoline would "drop like a rock" once the war in Iran ends.

Unrest in the Middle East has shaken the oil markets, and oil traders expect prices to rise again on Monday following the attack on the Saudi Arabian oil pipeline.

(Reuters, su)