Donald Trump said he is not concerned about oil prices as peace talks with Iran draw to a close [1].
The statement comes at a critical juncture for global energy markets, where the outcome of these negotiations could either trigger a price drop or lead to military escalation.
During an interview on CBS’s "Face the Nation" on May 24, 2026, Trump said the expected conclusion of the negotiations will stabilize the global oil market and keep prices low [2]. He said that the market will stabilize because the peace talks are ending [2].
Trump also addressed the logistical movement of energy resources. He said the U.S. is close to opening the Strait of Hormuz, which he said will keep oil flowing and prevent prices from becoming a problem [3].
Despite the optimism regarding oil prices, the path to a final agreement remains uncertain. Trump said the chance of reaching an agreement or resorting to strikes against Iran was about 50 percent [3].
Separate reports have indicated that the administration may be considering financial terms as part of a deal. One report suggested Trump was considering giving Iran $20 billion [4].
These developments occur as the international community monitors the Strait of Hormuz, a primary chokepoint for global petroleum transport, for any signs of volatility following the talks [3].
“"I'm not worried about oil prices. The Iran peace talks are ending, and the market will stabilize."”
The administration is attempting to project market stability to prevent price spikes during a high-stakes diplomatic window. By linking the end of negotiations to the reopening of the Strait of Hormuz, the U.S. is signaling that a diplomatic resolution is the primary mechanism for ensuring energy security, though the acknowledged 50 percent risk of military strikes suggests a fragile equilibrium.
