Trump: Iran gave US a present worth a ton of money, related to oil, gas and Hormuz

Jacob Magid is The Times of Israel's US bureau chief

US President Donald Trump speaks during a swearing in ceremony for new Homeland Security Secretary Markwayne Mullin in the Oval Office of the White House in Washington, DC, on March 24, 2026. (Jim WATSON / AFP)
US President Donald Trump speaks during a swearing in ceremony for new Homeland Security Secretary Markwayne Mullin in the Oval Office of the White House in Washington, DC, on March 24, 2026. (Jim WATSON / AFP)

US President Donald Trump says that Iran gave him a “present” worth a “tremendous amount of money” related to the Strait of Hormuz and matters of oil and gas.

Asked by reporters in the Oval Office why he trusts the Iranians, he first insists that he doesn’t trust anyone before revealing, “They did something yesterday that was amazing — they gave us a present… that arrived today.”

“It was a very big present worth a tremendous amount of money, and I’m not going to tell you what that present is, but it was a very significant prize,” Trump says.

“They gave it to us, and they said they were going to give it. That meant one thing to me. [That we’re] dealing with the right people… They’re the only ones [who] could have done it.”

“It wasn’t nuclear related, it was oil and gas related,” he adds when pressed to clarify the nature of the gift.

Asked if the gift is related to the flow in the Strait of Hormuz, Trump responds, “Yeah.” Asked if the US will control Hormuz after the war, Trump says, “We’ll have control of anything we want.”

“I think we’re going to end [the war],” he adds.

Trump quips that when he told his defense secretary and military chief that he thinks the Iran war will be settled soon, the latter two were upset because they want to keep fighting.

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.