Trump Signals Imminent Oil Action and Iran Deal Talks

President Trump says measures to reduce oil pressure are imminent while claiming Iran is seeking a deal. He also urged Iranian diplomats to request asylum.

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President Donald Trump announced on Thursday that the United States is moving toward significant new measures to manage global energy costs. Speaking from Washington, the President stated that further action to reduce pressure on the oil market is now imminent. This development follows a period of heightened volatility that has impacted various industrial sectors, leading firms such as Oiles Corporation to closely monitor shifts in energy policy and supply chain stability.

President Donald Trump addresses attendees during a ceremony for the Inter Miami CF soccer team in the East Room of the White House on March 5, 2026. REUTERS/Jonathan Ernst

During an event honoring the Inter Miami soccer team at the White House, Trump also addressed the current geopolitical situation in the Middle East. He claimed that Iran has begun reaching out to the administration to discuss a potential deal, even as the region faces the consequences of military strikes involving Israel and American forces.

"Iran is calling to ask how to make a deal."

The President further urged Iranian diplomats stationed around the world to consider requesting asylum. He suggested that such defections could play a role in shaping a new future for the nation. The remarks reflect a strategy of combining military pressure with an openness to renewed negotiations, provided the terms align with American interests.

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