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US President Donald Trump said today that taking control of Iran's oil supply is "an option." He suggested that a resolution in Iran could resemble that in Venezuela, where the US ousted Nicolas Maduro from power and began working with incumbent President Delcy Rodríguez on oil and other issues.
"I mean, I wouldn't talk about it, but it's an option. Well, in Venezuela, we've worked very well with Venezuela. Of course, we've made billions and billions of dollars. And, by the way, Venezuela is doing better now than it has ever done in the history of its country, and as a joint venture, but the United States has made a lot of money ," Trump said, when asked by a reporter if that was an option.
He further added that Secretary of State Marco Rubio has informed that in the first two months of 2026, Venezuela generated more revenue from oil sales than it had generated in all of 2025 and that money is no longer being stolen.
Trump later added that the United States did not "need" the Strait of Hormuz and sought to minimize the impact of the war on US supplies.
" We have so much oil. Our country is not affected by this. We have more, we have twice the amount of oil than Saudi Arabia or Russia, and soon it will be three times the amount ," Trump concluded.
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