Trump says Iran gave ‘great gift’ to US in oil and gas sector

US President Donald Trump speaks during the inauguration of Markwayne Mullin as secretary of the Department of Homeland Security (DHS), at the White House, in Washington, DC, USA, on March 24, 2026. Evan Vucci/Reuters President Donald Trump said on Tuesday (24) that Iran made a major concession to the United States in the energy sector. Without giving details, he indicated that the “present” involves the Strait of Hormuz, the main oil route. The area is partially blocked by Iran, has seen a drop in the flow of ships in recent weeks and has driven the rise in commodity prices. 🗒️Do you have any reporting suggestions? Send to g1 With the difficulty in selling oil, prices soared on the international market, reaching US$120 — the highest level since 2022. They then retreated, but remain above US$100, at a still high level. The scenario worries Trump, with his eye on the November legislative elections. (read more) “They gave us a gift and the gift arrived today. It was a very large gift, worth an enormous amount of money,” Trump told reporters in the Oval Office. “It wasn’t nuclear, it was oil and gas related, and it was a really good thing they did.” See the videos trending on g1: See the videos trending on g1 Trump reiterated that he believes the US has already won the war and said that Defense Secretary Pete Hegseth was disappointed with the speed of military actions. “Pete didn’t want it to be resolved,” he said, without giving details. Last week, Hegseth said there was no “defined deadline” for the end of the US and Israeli war against Iran, which began after joint offensives. Trump added that the US is in contact with “the right people” in Iran to try to end hostilities. He also said that the Iranians show strong interest in an agreement. “We are in negotiations at the moment,” he said. The Republican did not give details or about possible conversations this week with American envoys such as Steve Witkoff and Jared Kushner. According to him, Witkoff and Kushner, as well as Vice President JD Vance and Secretary of State Marco Rubio, participate in the negotiations. Meanwhile, Pakistan has said it is willing to host talks between the US and Iran. Iran’s state news agencies deny, based on government sources, that there is an ongoing dialogue between Washington and Tehran. The denial came after Trump announced a five-day truce in attacks on Iran’s energy infrastructure, citing “very good conversations” with the country’s leaders. * With information from Reuters news agency

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