Trump suggests US could control Iranian oil as diplomatic talks stall

The short version

• President Trump suggested the United States could remain in Iran and manage its oil production, pointing to a previous arrangement with Venezuela.[The Hill]
• Trump claimed the conflict with Iran would end following the upcoming midterm elections, adding that Iranian officials are seeking a deal.[The Hill]
• Diplomatic talks in Oman regarding the Strait of Hormuz were postponed after officials failed to reach a consensus.[CNBC]

Key facts

• President Trump stated that the U.S. could retain control of Iranian oil, comparing the concept to an existing U.S. arrangement with Venezuela.[The Hill · CNBC]
• Trump stated that he expects the conflict with Iran to conclude after the midterm elections.[The Hill · CNBC]
• Omani Foreign Minister Badr Albusaidi announced that a planned meeting between Gulf states and Iran concerning the Strait of Hormuz was postponed due to a lack of consensus.[CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Trump floats idea to 'stay and keep the oil' in Iran, noting Venezuela dealThe Hill
• Trump says U.S. may keep Iranian oil 'like Venezuela' as Gulf-Iran Hormuz talks stallCNBC