Trump Says Iran Reached Out on Deal as US Blocks Hormuz

Watch on YouTube ↗  |  April 13, 2026 at 20:02  |  13:23  |  Bloomberg Markets
Speakers

Summary

President Trump discusses the US blockade of the Strait of Hormuz and negotiations with Iran to prevent nuclear weapons. He emphasizes US energy independence and increased oil exports due to global demand. Domestic topics like crime and tax policy are also touched upon.

  • Trump confirms Iran has reached out for a deal on nuclear weapons.
  • The US has implemented a naval blockade on the Strait of Hormuz.
  • Trump highlights US oil and gas production, claiming it exceeds Saudi Arabia and Russia.
  • He notes increased demand for US oil as ships come to load due to the blockade.
  • Trump expects a settlement with Iran soon to resolve the blockade.
  • He criticizes Cuba as a failing nation due to oppressive governance.
  • Domestic issues include low crime rates and no tax on tips policy.
  • The UFC fight at the White House is scheduled for June 14th.
Trade Ideas
Donald Trump President of the United States 2:21
US oil exports rising from global demand.
The United States has abundant oil and gas production, exceeding that of Saudi Arabia and Russia, and is experiencing increased demand as ships come to load oil due to the Strait of Hormuz blockade, indicating strong export potential and economic benefit for the US energy sector.
Donald Trump President of the United States 3:07
Iran deal likely, reducing oil volatility.
Iran has reached out to negotiate a deal, and Trump is confident that a settlement will be reached soon, which would resolve the Strait of Hormuz blockade and reduce geopolitical risk, potentially stabilizing oil prices.
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This Bloomberg Markets video, published April 13, 2026, features Donald Trump discussing USO, XLE, WTI. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: USO, XLE, WTI