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US President Donald Trump suggested that taking control of Iran's oil is an 'option' and boasted about significant gains from 'joint ventures' with Venezuela. He also emphasized the effectiveness of Patriot missiles against attacks on Middle Eastern allies and asserted US self-sufficiency in oil production.

Option of Controlling Iran's Oil and Venezuela's Success Story

US President Donald Trump stated that taking control of Iran's oil remains 'an option' amid rising tensions. He claimed that the US has significantly profited from its relationship with Venezuela, earning billions of dollars. Specifically, he noted that the US imported 100 million barrels of oil in the first two weeks, a substantial increase. President Trump highlighted Venezuela's improved economic situation as a 'partner' of the US, attributing this success to American involvement.

Middle Eastern Allies' Missile Defense and US Oil Independence

President Trump underscored the successful defense of Middle Eastern allies such as Qatar, Saudi Arabia, UAE, Kuwait, and Bahrain against recent missile attacks. He stated that the Patriot missile system provided by the US intercepted every single missile, showcasing unprecedented defense capabilities. Furthermore, Trump emphasized that the US is producing so much oil that it no longer needs the Strait of Hormuz, producing twice the amount of oil as Saudi Arabia and Russia combined, with projections to reach three times that amount soon.

*Source: YouTube: Times of India (2026-03-27)*

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