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Trump Calls London Mayor a 'Horror Show'

Watch on YouTube ↗  |  June 24, 2026 at 21:31  |  1:54  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

President Trump criticized London Mayor Sadiq Khan, UK immigration and crime, and labeled the UK's wind energy push a mistake. He argued the UK should open North Sea oil bidding to Exxon, Chevron, Shell and BP, claiming they are eager to pay billions, and warned that current policies will bankrupt the country.

  • Trump calls London Mayor Sadiq Khan grossly incompetent and a 'horror show'.
  • He links UK immigration problems to rising crime.
  • He dismisses UK wind energy as ineffective 'stupid windmills'.
  • He highlights the North Sea as one of the world's greatest oilfields.
  • Trump says oil majors (Exxon, Chevron, Shell, BP) are 'begging' to drill and pay billions.
  • He contrasts UK with Norway, which built a $2 trillion sovereign wealth fund from North Sea oil.
  • He warns the UK is on a path to bankruptcy if it does not exploit its oil resources.
Ideas
Donald Trump President of the United States 0:48
North Sea oil upside for oil majors
The UK has vast untapped North Sea oil reserves, but left-wing policies block development. Exxon, Chevron, Shell, and BP are eager to drill and would pay billions in bids if the UK opens access, implying significant upside for these companies if UK energy policy changes.
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Speakers: Donald Trump  · Tickers: XOM, CVX, SHEL, BP