{
    "success": true,
    "data": {
        "id": 1809177,
        "msgid": "trump-admits-global-oil-reserves-will-last-only-four-weeks-without-iran-deal-1781754760",
        "date": "2026-06-18 10:05:33",
        "title": "Trump Admits Global Oil Reserves Will Last Only Four Weeks Without Iran Deal",
        "author": "",
        "source": "DETIK",
        "tags": "",
        "topic": "Politics",
        "summary": "US President Donald Trump has acknowledged that global oil reserves are critically low, with only about four weeks of supply remaining unless a deal is reached with Iran. The admission underscores the effectiveness of Iran's strategy in restricting access to the Strait of Hormuz, a vital artery for global oil trade. Both nations have now signed a memorandum of understanding to end hostilities and reopen the strategic waterway.",
        "content": "<p>United States President Donald Trump has acknowledged that global oil\nreserves are at a critical juncture, a development that has pressured\nWashington to accept Iran\u2019s terms for a framework agreement to end the\nwar and reopen the Strait of Hormuz. Speaking at the G7 summit in France\non Wednesday (17\/6) local time, Trump said that without a deal with\nIran, the world would face \u201cchaos\u201d because oil reserves would run out in\napproximately four weeks. \u201cWe are going to run out of reserves in about\nfour weeks,\u201d Trump told reporters. \u201cYou know, there are reserves all\nover the world, and we are going to literally run out, and there will be\na time when you won\u2019t be able to get it,\u201d he added. The US President\nadmitted that sustained military strikes would keep the Strait of\nHormuz, vital for global oil trade, closed. \u201cIf we keep bombing, those\nships aren\u2019t going to be able to sail,\u201d he said, referring to the impact\nof an agreement with Tehran. Trump\u2019s acknowledgement highlights the\neffectiveness of Iran\u2019s strategy in imposing restrictions on the\nstrategic waterway, which normally carries about one-fifth of the\nworld\u2019s oil consumption. His statement came as the US and Iran finalised\na memorandum of understanding that directly ends the war and military\noperations on all fronts, including Lebanon. The deal also provides for\nthe lifting of the US naval blockade and the reopening of the Strait of\nHormuz. Previously, Iranian officials consistently stated that the\nclosure of the strait was a legitimate defensive action in response to\nunprovoked aggression. Currently, the presidents of both countries have\nsigned the peace agreement documents to end the war. Trump signed the\nmemorandum of understanding during a dinner with French President\nEmmanuel Macron at the Palace of Versailles following the G7 summit\nmeeting on Wednesday (17\/6) evening. \u201cJust signed it,\u201d Trump said as he\nleft the palace. Separately, the Iranian government also confirmed it\nhad signed the agreement documents to end the war with the US. \u201cThe text\nof the Islamabad Memorandum of Understanding has been finalised with the\nsignatures of the presidents \u2013 now it is time to test the implementation\nof the agreement,\u201d said Iranian Foreign Ministry spokesman Esmaeil\nBaqaei. He said the signing was done electronically and remotely by both\npresidents, and that an official ceremony \u201cdoes not have much place\u201d in\nIran\u2019s plans.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/trump-admits-global-oil-reserves-will-last-only-four-weeks-without-iran-deal-1781754760",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}