WASHINGTON, D.C. — US President Donald Trump spoke to reporters in the Oval Office on July 6, 2026. The event marked the launch of a new initiative called "Trump Accounts."

Trump stated, "We've destroyed - completely destroyed - they had 159 ships, every single ship is at the bottom of the sea. We've completely destroyed - they don't have one airplane - they don't have radar." He added, "They finally found out; they had no radar because their radar was destroyed, so we took them out late at night with no lights, with no nothing, and our great Navy, which did the greatest blockade anyone has seen, not one ship got through in two months."

Regarding energy infrastructure, Trump said, "We can knock down their bridges in one hour; we can knock out their energy supply, all of those big plants that they built - big, beautiful, modern plants; they had a lot of money." He continued, "They don't have any money now. We haven't given them any money, but we can knock out their electricity and power-generating plants, I would say in the small part of an afternoon. Every plant will be gone, and they know that."

Trump discussed oil supplies, stating, "We took out so much oil that people didn't know. And it only took a month and a half." He noted, "Oil is now at a level that, I think it's even lower, on a barrel basis, than it was before we started." In June 2026, Trump claimed the United States secured the passage of more than 100 million barrels of oil through the Strait of Hormuz via at least 200 commercial vessels.

On negotiations, Trump said, "We're going to make a deal, or we're going to finish the job." He added, "It won't be tough to finish the job. I'd rather make a deal, because I don't want to affect 91 million people." Addressing nuclear concerns, he stated, "We've gotten concessions, and they have to hold those concessions, but there'll be no nuclear weapon. We're going to be getting the, as I call it, dust; the enriched material." Trump concluded, "I went in for one reason - very strongly - that Iran cannot have a nuclear weapon. I'm not looking for regime change, although this is regime change. The first regime is gone, the second regime is gone, and I think the third regime is more reasonable, but we'll find out."