Trump to CNBC on U.S.-Iran negotiations: I don't care if they are over

Watch on YouTube ↗  |  June 01, 2026 at 18:06  |  3:23  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

CNBC's Eamon Javers reports on his phone call with President Trump regarding U.S.-Iran negotiations. Trump says he doesn't care if talks are over, believes Iran was stalling on oil prices, and predicts oil will drop sharply. He also threatens military action if Iran seeks nuclear weapons and suggests NATO should help in the Strait of Hormuz.

  • Eamon Javers speaks directly with President Trump about Iran negotiations.
  • Trump says he doesn't care if negotiations break down.
  • Trump accuses Iran of stalling to influence oil prices.
  • Trump predicts oil will drop like a rock.
  • Trump threatens to blow up Iran if they pursue nuclear weapons.
  • Trump suggests NATO should help in the Strait of Hormuz.
  • Trump indicates he has a plan but won't reveal it.
  • Initial reports of Iran breaking off negotiations moved oil markets.
Trade Ideas
Donald Trump President of the United States 1:01
Oil will drop like a rock.
President Trump stated that oil prices will drop sharply ("like a rock") because he believes Iran was stalling negotiations to influence oil prices, and he is unconcerned about the breakdown of talks.
WTI HIGH
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This CNBC video, published June 01, 2026, features Donald Trump discussing WTI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: WTI