U.S. President Trump called Iran the world’s top state sponsor of terror and
said the U.S. will never allow it to obtain nuclear weapons. He said he has
repeatedly urged Iran to negotiate and, after saying he had “given Iran every
opportunity to reach a deal,” claimed he then acted and “completely destroyed”
Iran’s air force and navy. Trump said he faces a major decision on Iran and
expects a U.S.-Iran agreement after the midterm elections, adding Iran is
waiting for U.S. midterm results but he will not factor elections into Iran
policy. He said the U.S. is expanding military sustainment capacity, that
ammunition stockpiles far exceed expected usage, and that large ammunition
factories will be opened, with 18 set to become operational. Major changes could
occur quickly, he added. On energy, Trump said oil flows are at their highest
levels since the conflict began and warned that if the Iran conflict ends, oil
prices would fall sharply, potentially below pre-conflict levels.
