US President Donald Trump has claimed that the United States has “taken away” Iran's nuclear power and said the war between the two countries will end “very quickly”, while predicting that oil prices will fall sharply once the conflict ends. Trump made the remarks on Wednesday while speaking to reporters as he departed Washington for a Republican campaign rally in San Antonio. His comments came amid continuing military confrontation and diplomatic efforts surrounding Iran's nuclear programme and the wider conflict. Trump said the US military campaign was necessary to prevent Iran from developing nuclear weapons and argued that the situation would have posed a much greater threat had Tehran retained nuclear capabilities. “We have taken away their nuclear power,” Trump said, adding that Iran's country was currently “wiped out”.

He predicted that the conflict would conclude soon and said global oil prices would “come tumbling down” after the fighting ends. The claims about Iran's nuclear capabilities and the extent of the damage were presented by Trump as part of his assessment of the US campaign. The conflict has also had significant implications for global energy markets because of disruption around the Strait of Hormuz, a crucial route for international oil shipments. Trump has linked an end to hostilities with a subsequent decline in oil prices, although the timing and scale of any such movement would depend on developments in the conflict, shipping conditions and the restoration of energy flows. Recent reporting has highlighted the continuing uncertainty surrounding the war and its impact on regional energy supplies. Trump's comments followed his earlier remarks about the resignation of Iran's oil minister, Mohsen Paknejad.

Trump had claimed that the minister had “just quit” because of the economic consequences of the conflict and quoted him as saying, “We have no economy, we have no oil, we have nothing.” Iranian officials have rejected Trump's interpretation of the resignation. Iranian state media reported that Paknejad resigned for personal reasons, while Iran's government communications officials said he had sought to leave earlier and that President Masoud Pezeshkian ultimately accepted his resignation. Iranian government spokesperson Fatemeh Mohajerani also rejected Trump's suggestion that the resignation reflected pressure from the US-led war. She described the US president's claim as “a futile effort to hide his own failures” and said the resignation should not be viewed as a sign of weakness. According to Mohajerani, the departure demonstrated flexibility within what she described as a stable political system. Her comments represent Tehran's direct rejection of Trump's characterization of developments inside the Iranian government.

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The disagreement over the oil minister's resignation comes as Iran faces continuing economic and energy pressures linked to the conflict. Paknejad's resignation was officially attributed to personal reasons, and Hamid Bovard, the head of the state-run National Iranian Oil Company, was appointed acting oil minister. At the same time, Iranian officials have maintained that the country's oil sector continues to function despite the pressure created by the war and restrictions on its energy trade. Trump's latest comments also come against a backdrop of continuing diplomatic efforts to end the conflict. Iranian Foreign Minister Abbas Araghchi has said Tehran remains determined to defend itself while also indicating that Iranian officials are serious about diplomacy to protect the country's interests and national security.

Recent reports indicate that Iran has proposed a plan involving the reopening of the Strait of Hormuz, while the US has continued to press for restrictions on Iran's nuclear activities as part of any potential settlement. For now, Trump's prediction that the war will end “very quickly” remains a statement of his expectation rather than an announced end to hostilities. His claim that the US has eliminated Iran's nuclear power is likewise a presidential assertion, while Iranian officials continue to dispute Washington's characterization of the country's capabilities and the consequences of the conflict. The competing statements underline the gap between Washington and Tehran as both sides continue to combine military pressure with diplomatic messaging. The trajectory of the war, Iran's nuclear programme and the future of oil supplies remain closely linked to any potential agreement between the two countries.

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