Trump Says Iran Deal Will Bring 'Free Oil' and 'Free Hormuz Strait' -- WSJ

Dow Jones
18 hours ago

By Meridith McGraw

President Trump said he expects a deal with Iran will be announced fairly soon, and said it would give the U.S. "free oil and free Hormuz Strait." The president was asked about the economy and oil prices, and said prices have remained lower than he expected.

"If you look at the oil and you look at the price we're paying it's about half what people thought it would be if you did what I had to do," Trump said. "I think we have a very successful negotiation going on right now, and I think if it happens it'll be announced fairly soon and it will give us free oil and free Hormuz Strait. Everything will be nice and I think your oil price will go down lower than it was before."

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 16, 2026 14:31 ET (18:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10