Trump Predicts Quick End to Iran Conflict, Rules Out US Diesel Export Ban

US President Donald Trump said the conflict with Iran would not last much longer and predicted a fall in oil prices, while declining to disclose Washington’s next steps.

Speaking to reporters at the White House before departing on Marine One, Trump described the situation as “working out very well” and asserted that Iran was struggling.

Asked about his plans, he suggested that revealing them would make a major story, then added: “But you'll see. Working out very well. Iran is not doing well.”

He offered no timetable for ending the conflict or explanation of the measures his administration was considering.

TRUMP PREDICTS MORE OIL, LOWER PRICES

Trump linked his forecast for energy markets to an early end to the hostilities.

“We're gonna have a lot of oil very shortly, as soon as Iran ends, which won't be long,” he said.

He predicted that prices would return to earlier levels, potentially falling further. However, he did not specify a price benchmark, identify the additional supplies he expected or explain what conditions would bring the conflict to a close.

His comments amounted to an optimistic forecast rather than a detailed account of how supplies would recover.

NO US DIESEL EXPORT BAN

Responding to questions about diesel availability, Trump ruled out restrictions on US diesel exports and said he had asked Europe to release more fuel into the international market.

“Europe has a lot of diesel, and they're, they're gonna be making a major world contribution, and so are we,” he said.

He added that the United States would not impose an export ban. Asked further about the possibility, Trump maintained that such a restriction had not been a serious plan.

“No, no. We were never gonna do it,” he said.

The remarks clarified his stated position on exports but did not include details of any alternative US supply measures.

EUROPEAN SUPPLIES, FEW SPECIFICS

Trump said European governments had responded positively to his request for more diesel, citing the fuel’s extensive use in the region.

“They use diesel disproportionately more than most, and they did a great thing,” he said.

He also described relations with Europe as strong and recalled telling European counterparts that additional supplies should be put on the market.

Trump did not identify the countries involved, the volume of diesel expected or a release schedule. He likewise provided no supporting detail for his assessment of Iran’s position.

With inputs from ANI