President Donald Trump’s administration is addressing concerns about the Strait of Hormuz being shut down.
National Energy Dominance Council Executive Director Jarrod Agen joined Fox Business to reveal that the White House wants to “get such massive oil reserves in Iran out of the hands of terrorists,” which will help negate any issues caused by the Strait of Hormuz.
Watch:
🚨 BOOM! Trump White House says America will TAKE the oil away from terrorists in Iran
This is huge!
“Ultimately, we’re not going to have to worry about these issues in the Strait of Hormuz — because we’re going to get ALL of the oil OUT of the hands of terrorists.” pic.twitter.com/o48prqFJuo
— Eric Daugherty (@EricLDaugh) March 7, 2026
“This is a long-term gain, because what we want to do is get such massive oil reserves in Iran out of the hands of terrorists, and so what we’re going to experience in the short-term is highly outweighed of the long-term benefit because ultimately, we’re not going to have to worry about these issues in the Strait of Hormuz, because we’re going to get all of the oil out of the hands of terrorists,” he said. “And if you look at what is happening in Venezuela, the actions the president took in early January has unleashed Venezuela’s potential. We were just down there this week, Chevron, huge producer, told us they are at record levels of production in Venezuela. That’s just in two months. So we’ve seen more progress in two months in Venzuela than we’ve seen in the twenty years leading up to this point.”
“That’s just on the oil and gas. There are a lot of companies that stuck it out under Maduro and are now hitting record levels of production. We brought down a bunch of other companies that want to invest and they’re only at a fraction of what they can be on the oil and gas sector. There is so many more fields and so much more potential,” he added.
X users had mixed reactions to the news:
Why is he always interested in oil?
— Big Uzoh (@BigUzoh) March 7, 2026
How exactly are we going to get this done without boots on the ground?
— Da Phuc (@RealDaPhuc) March 7, 2026
Cue up the “This war is all about the oil” crowds.
— The Elephant in the Room (@elephant_23) March 7, 2026
“take the oil away”
is that what this is about?
oil and Israel?
was it worth it?
— Rob Coates 🇺🇸 (@LuckyHippie926) March 7, 2026
Nothing escalates a conflict faster than announcing you’re taking someone’s resources.
— Debright (@TOHEEBADEWALE14) March 7, 2026
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