Trump Says Iran ‘Will Never Have Nuclear Weapons’, Predicts Oil Prices Will Fall After Conflict Ends

Key Takeaways

• Trump Says Iran ‘Will Never Have Nuclear Weapons’, Predicts Oil Prices Will Fall After Conflict Ends Published By, Last Updated: May 23, 2026, 07:52 IST Trump’s comments come amid growing speculation that Washington could be preparing another round of military action against Iran as diplomatic efforts remain uncertain.
• Rapid Read US President Donald Trump (Image: Reuters file) US President Donald Trump has said global oil prices are expected to fall once tensions involving Iran are resolved, while insisting that Tehran will never be allowed to develop a nuclear weapon.
• Speaking at a public event, Trump described the situation in the Middle East as a key priority and claimed the United States had already taken steps to prevent Iran from advancing its nuclear programme.
• “The oil prices are going to tumble as soon as I finish up with Iran," Trump said during his address.
• The US President also explained why he decided to remain in Washington instead of attending his son’s wedding this weekend, saying the developments surrounding Iran required his presence at the White House.