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Trump: U.S. Was Four Weeks Away From Exhausting Oil Reserves Before Iran Deal
United States President Donald Trump has revealed that the country was only weeks away from depleting its strategic oil reserves, a situation he said played a key role in his decision to reach an agreement with Iran.
Speaking to reporters during the G7 Summit in France, Trump disclosed that concerns over dwindling energy reserves exposed a significant vulnerability for the United States and influenced the administration’s approach to negotiations with Tehran.
“We run out of reserves at about four weeks,” Trump said. “There are reserves all over the world, and we would really run out. There would be a time when you wouldn’t be able to get it.”
The president’s remarks offered a rare glimpse into the strategic considerations behind the U.S. decision to pursue a deal with Iran, a country that has long been at the center of international tensions over its energy exports and nuclear programme.
Trump suggested that the prospect of a severe oil supply shortage posed a major risk to the U.S. economy and national security, making it necessary to seek an arrangement that could help stabilize global energy markets.
The disclosure is likely to spark fresh debate among policymakers and energy experts over the state of America’s strategic petroleum reserves and the country’s preparedness for potential disruptions in global oil supplies.
The Iran agreement has remained a contentious issue, with supporters arguing that it helps ease pressure on energy markets, while critics contend that it grants concessions to Tehran without adequately addressing broader security concerns.