Trump says U.S. may keep Iranian oil 'like Venezuela' as Gulf-Iran Hormuz talks stall

DUBLIN, IRELAND - SEPTEMBER 12: U.S. President Donald Trump arrives to deliver remarks to U.S. Embassy personnel and business leaders at Deerfield Residence on September 12, 2026 in Dublin, Ireland. (Photo by Anna Moneymaker/Getty Images)Anna Moneymaker | Getty Images News | Getty ImagesPresident Donald Trump said the U.S. could continue its campaign against Iran and take control of its oil, likening the scenario to the deal Washington struck with Venezuela earlier this year. "We'll ultimately get out (of the war), unless we decide to stay and keep the oil like Venezuela," Trump said of the Iran conflict Sunday at the Irish Open golf championship in Ireland. He added that U.S. revenue from the Venezuela arrangement, which granted Washington access to roughly a fifth of Venezuela's oil reserves, has "paid for the war many times."Under the agreement reached in August, Venezuela ceded majority U.S. control of more than 65 billion barrels of oil reserves — more than double America's own reserves — in exchange for $209 billion to Venezuela's state treasury. Secretary of State Marco Rubio said the deal would also bring close to $100 billion in private investment to reinvigorate its econo...