UPDATED: We don’t need Middle East oil anymore, Trump says

U.S. President, Donald Trump [Photo: Wall Street Journal]
U.S. President, Donald Trump [Photo: Wall Street Journal]

The United States is now the largest crude oil and natural gas producer in the world and no longer needs oil from the Middle East, President Donald Trump said on Wednesday.

Mr Trump said this at the White House in an official reaction to the retaliatory attack by Iran on an Iraqi base housing American troops.

PREMIUM TIMES reported the Iranian attack which Iran said was in retaliation to the killing of its top general, Qassem Soleimani, by the U.S. inside Iraq.

In his speech, Mr Trump said the U.S. would impose more economic sanctions on Iran.

He also criticized the Obama administration for signing, alongside other world powers, the Iran nuclear deal, JCPOA, which Mr Trump withdrew the U.S. from.

“Iran’s hostilities increased after the foolish Iran nuclear deal we signed in 2013, and we gave 150 billion dollars not to mention another 1.8 billion in cash. Instead of saying thank you to the United States, they chanted death to America the day the agreement was signed.

“Then Iran went on a terrorist spree funded by the money from the deal and caused greater hell in Yemen, Syria, Lebanon, Afghanistan and Iraq,” Mr Trump said.

He called on the United Kingdom, China, France, Russia, and Germany to break away from the remnant of the Iran deal which he said enhances Iran to “foment violence, unrest, hatred and war” in the region.

He said the Middle East became an option for oil dependence when the U.S. was struggling with its energy sector.

He added that such trade relation will no longer be necessary as “our economy is stronger than ever before. America has achieved energy independence.”

“These historical accomplishments shape our strategic priorities. The accomplishment that nobody thought was possible and options in the middle east became available.

“We are now the number one producer of natural oil and gas anywhere in the world. We are independent and do not need the middle east oil,” he said.


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