U.S. President Donald Trump stated on Wednesday, August 19, that negotiations with the Islamic Republic of Iran might resume “at some point,” though he expressed satisfaction with the current situation. He also asserted that the United States has “total control” over the Strait of Hormuz, noting that numerous ships passed through the waterway overnight.
Speaking at the White House in response to a question regarding the potential resumption of talks with Tehran, Trump said, “Maybe at some point, but right now I think things are going very well.”
He reiterated his position that the Islamic Republic must not acquire nuclear capabilities, stating, “Iran cannot have a nuclear weapon, and they won’t have a nuclear weapon.”
Addressing maritime traffic through the Strait of Hormuz, the U.S. President claimed that the United States maintains “total control” over the strategic passage, pointing out that many vessels navigated the area overnight. According to Trump, aside from occasional “nuisances” such as periodic drone launches, shipping continues, though he noted that not all ships will be permitted passage.
Trump also pointed to the volume of oil moving through the waterway, suggesting that continued transport has prevented crude prices from surging to $300 per barrel. He estimated current oil prices at around $83 to $85 per barrel, adding that prices would drop “much lower” once the current crisis subsides.
