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Trump Previews Iran and Oil in Bret Baier Interview Highlights

May 16, 2026 · The White House · 0:01:39

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

In highlights shared by the White House from his interview with Bret Baier during his trip to China, President Trump discussed Iran and energy prices. He said, as he stated it, that Iran has many boats loaded with oil ready to move once the situation is over, and predicted the confrontation would end fast.

The President said, as he stated it, that oil prices had risen but would come down lower than they were before, and that gasoline prices would drop.

Why it matters

The excerpt records a dated, checkable presidential prediction on oil and gasoline prices tied to the Iran confrontation, made on the record during the China trip and preserved here as stated.

Scoreboard watch

Flagged for the scoreboard editor: the President’s prediction, as stated in the interview, that oil and gasoline prices would fall below prior levels once the Iran situation ends, for checking against subsequent price data.

Sources: The White House, “President Donald J. Trump sits down for a wide ranging interview with Bret Baier 🇺🇸”, 2026-05-16 (official upload, embedded above; published 2026-05-16). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.