US President Donald Trump has stated a major deal has been reached and that its positive effects are already becoming visible, with stock markets reaching record highs and oil prices falling.
He said that after the agreement with Iran, the Strait of Hormuz would be fully reopened. He added that if no deal had been reached, there would have been global economic pressure. However, he clarified that reports about a $300 billion fund in the Iran deal are false.
US President Donald Trump has said that if an agreement had not been reached with Iran, the Strait of Hormuz could have been closed, potentially worsening the situation and causing significant disruption to the global economy. He noted that following the agreement, the vital shipping route has reopened, contributing to a sharp decline in global oil prices.
Speaking to reporters, Trump said that without a deal, military operations and bombing campaigns could have continued for months, resulting in serious economic consequences worldwide. He added that many countries are pleased that an agreement has been reached with Iran.
Trump expressed hope that Iran’s leadership would adopt a different approach going forward and help reduce tensions across the region. Referring to former Iranian General Qassem Soleimani, he said Soleimani was a highly capable figure and that no one had been able to replace him.
The US president also thanked Pakistan and Qatar for their role in facilitating negotiations, saying, “Pakistan and Qatar did a lot for the negotiations. I thank our partners in Pakistan and Qatar.”
Trump further stated that there had been a change in Iran’s leadership and described the new leadership as more pragmatic and sensible. He claimed that Israeli Prime Minister Benjamin Netanyahu was disappointed with the agreement.
According to Trump, the United States recently carried out major military operations involving the use of a large number of bombs. He said the agreement includes a commitment that Iran will neither acquire nor develop nuclear weapons. He also revealed that a draft memorandum of understanding (MoU) has been shared with Israel.
Trump emphasised that the agreement has already contributed to lower oil prices in global markets, describing the development as positive for the world economy. He added that regime change in Iran was never a U.S. objective, but noted that new leadership had emerged in the country. “The Strait of Hormuz has reopened, oil prices are coming down, and the Iranian leadership is showing greater prudence,” Trump said.
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