Iran War Update: Trump Says US Will Resume Attacking Iran 'Very Hard' (Q&A at Oval Office)

Watch on YouTube ↗  |  June 10, 2026 at 17:07  |  21:24  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

President Trump answers reporters' questions from the Oval Office, threatening to resume hard attacks on Iran if they do not sign a nuclear deal. He discloses that the U.S. has been secretly capturing millions of barrels of Iranian and Venezuelan oil to suppress prices, while touting record U.S. stock market levels and the increased value of Fannie Mae and Freddie Mac. He also hints at a public stake in AI that could generate enormous wealth.

  • Trump announces plans to attack Iran hard and resume bombing over delayed nuclear deal.
  • Claims the U.S. has been taking out millions of barrels of Iranian and Venezuelan oil, keeping crude at $85 instead of $250.
  • Predicts oil will drop to pre-conflict levels once military operations end.
  • Touts record stock market highs with S&P 500 at 7000 and Dow at 50,000 in his current term.
  • Reveals upcoming meetings with AI executives and suggests a public stake will make Americans rich.
  • Highlights that Fannie Mae and Freddie Mac are now potentially worth $1 trillion under his administration.
  • Dismisses importance of Canada/Mexico trade, saying the U.S. doesn't need their goods.
Ideas
Donald Trump President of the United States 5:50
AI sector poised for massive wealth creation
President Trump describes AI as the biggest industry ever, asserts the U.S. is leading China by a lot, and reveals plans to meet top executives about giving the public a stake, which he says will make people very rich. He signals strong conviction in the sector's wealth creation potential.
Donald Trump President of the United States 11:40
Fannie Mae and Freddie Mac value surging
President Trump notes that the value of Fannie Mae and Freddie Mac has increased dramatically since he retained control over them, and estimates they could be worth $1 trillion. He emphasizes he chose not to sell them earlier at a low price, implying significant future upside.
Donald Trump President of the United States 15:40
Oil prices will drop after conflict ends
President Trump states that the U.S. has been secretly capturing millions of barrels of oil from Iran and Venezuela, which has kept oil prices at $85 per barrel instead of the predicted $250 during the military conflict. Once the conflict ends, he expects oil prices to drop back to pre-conflict levels, with gasoline around $1.85 per gallon.
Donald Trump President of the United States 16:25
US stock market will remain at record highs
President Trump highlights that the U.S. stock market has repeatedly hit all-time historical highs, with the S&P 500 reaching 7000 and the Dow hitting 50,000, in his current term. He frames this as a strong economy and suggests the market will remain elevated despite temporary pullbacks related to the Iran conflict.
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This Bloomberg Markets video, published June 10, 2026, features Donald Trump discussing AIQ, FNMA, FMCC, WTI, SPY, DJI. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: AIQ, FNMA, FMCC, WTI, SPY, DJI