Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Trump Says 'Not Worried' About Iran-Backed Domestic Terror Attack (Q&A)
Posted
March 11, 2026
Views
6,750
Likes
50
Comments
40
Engagement
March 11, 2026
6,750
50
40
1.33%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
6:38Now PlayingPresident Donald Trump answers reporter questions about the Iran war outside the White House ahead of his trip to Ohio and Kentucky. President Donald Trump said he didn’t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets.
Asked Wednesday whether Iran had laid mines in the strait, Trump told reporters, “We don’t think so.” The Islamic Republic has laid about a dozen mines in the waterway, Reuters reported Wednesday, citing people familiar with the matter.
Trump, however, offered no specific timeline for when he saw the conflict coming to a close, saying “we’re not finished yet” and that the US needed to keep doing “more of the same.”
The International Energy Agency approved its largest-ever release of emergency oil reserves on Wednesday, a move to curb surging prices while the critical waterway remains effectively closed. French President Emmanuel Macron subsequently said the discharges will be organized in the coming days.
The Strait of Hormuz has been all but impassable since the opening salvos of the war, which continued for a 12th day with missiles and drones fired from both sides. Several energy giants have curbed production.
Oil prices rose more than 5% on Wednesday in yet another volatile session as the US and Iran showed no signs of lowering tensions.
Brent crude climbed back above $92 and US crude traded near $87 a barrel by 12:34 p.m. in New York. The gains came as traders view the historic release of emergency supplies by governments around the world as a temporary measure to offset the dropoff in flows and production from Gulf countries.
Trump told Axios the war would end soon because there is “practically nothing left to target” in Iran, in the latest indication he’s keen to wrap up the campaign. He made similar comments on Monday, however, before Defense Secretary Pete Hegseth said there was n
The IEA agreed to discharge 400 million barrels from emergency oil reserves, more than double the 182 million barrels member countries released after Russia invaded Ukraine in 2022. Global crude consumption is slightly more than 100 million barrels a day and Gulf producers have had to cut roughly 6% of that so far.
The move came after the UK Navy said three vessels were hit with suspected projectiles in the Strait of Hormuz and the Persian Gulf, underlining the ongoing threat to shipping from the conflict. Oman reported that a Thai-flagged cargo vessel was also targeted.
US Central Command in a social media post on Wednesday warned civilians to “immediately avoid all port facilities where Iranian naval forces are operating” along the strait.
Trump’s administration on Tuesday delivered a series of rapidly shifting comments over the direction of the war, causing energy prices to whipsaw. That included various messages from the US leader about the possibility of Iran placing mines in the Strait of Hormuz.
Iran staged more strikes against Israel, the United Arab Emirates, and other Gulf countries on Wednesday. Dubai International Airport briefly halted operations after drones struck the facility, resulting in four injuries at the world’s busiest international hub.
“The policy of reciprocal strikes has ended; from now on, our policy will be strike after strike,” Iran’s semi-official Fars news agency cited a military spokesman as saying.
Efforts to find an off-ramp for the conflict have been in flux. Trump said Wednesday he’d spoken with leaders of “various countries” on Iran.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
