U.S. President Donald Trump, used his address to the United Nations General Assembly on Tuesday to defend his administration’s approach to Iran, predict lower oil prices and reject international efforts to regulate artificial intelligence.
Iran at the center of Trump’s speech
A significant part of Trump’s speech focused on the war with Iran, which he said could end either with a new agreement that would dismantle Tehran’s nuclear program or with the destruction of the Islamic Republic.
Trump said a deal with Iran could be reached after the U.S. midterm elections in November, without providing details of a negotiating framework.
His remarks came as Arab mediators were making tentative efforts to revive negotiations between Washington and Tehran. U.S. Secretary of State Marco Rubio had also said earlier on Tuesday that Trump was open to meeting Iranian President Masoud Pezeshkian on the sidelines of the U.N. gathering.
Iranian delegates walked out of the General Assembly chamber during Trump’s remarks.
Trump also said oil prices would fall if international unity was maintained, pointing to increased traffic through the Strait of Hormuz and a U.S. oil deal involving Venezuela.
He said more oil was flowing through the Strait of Hormuz than at any point since the start of the war. Commercial shipping data, however, indicated that oil flows through the strategic waterway remained well below pre-war levels.
Trump also highlighted a deal involving Venezuela under which the U.S. Department of Defense would take a stake in a private company with rights to 17 oil fields. Analysts cited in the speech’s source material said Venezuela’s aging oil industry and infrastructure would require substantial investment before production could increase significantly.
Trump rejects global AI rules
Trump also rejected international calls for tighter rules on artificial intelligence, saying the United States would encourage the technology rather than impose global controls. His comments came as U.N. Secretary-General Antonio Guterres called for an international framework to address AI risks.
Trump said the United States was leading China in the development of artificial intelligence and argued that winning the race for advanced AI would have major strategic consequences.
Cuban delegates also walked out of the chamber after Trump said the country’s Communist government would fall and called for a fundamental change in U.S. policy toward Cuba.
The president also announced plans for two U.S. military bases in Greenland under an agreement with Denmark and Greenland. Danish officials have said the agreement preserves Denmark’s sovereignty and Greenlanders’ right to self-determination and requires parliamentary approval before taking effect.
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