US President Donald Trump said on Monday that an agreement with Iran had been signed, saying the Strait of Hormuz had fully reopened and noting that oil prices were falling while stock markets were rising.
Trump made the remarks shortly after arriving in Evian, France, for a G7 meeting.
Key takeaways:
- Trump said the Iran deal had been signed.
- He said the Strait of Hormuz was fully reopened, adding that it had opened completely on Friday.
- The president highlighted falling oil prices and rising stock markets.
- He said Iran would not be allowed to obtain a nuclear weapon and would be subject to strong monitoring.
- Trump said he hoped the agreement would lead to a better relationship.
- He said Vance would attend the signing, while he was unsure whether he would be involved.
- Trump said the text of the Iran deal would be released soon, sometime after Friday.
- He said Iran would not receive sanctions relief until it meets its obligations.
- Trump said the United States may not need much help from allies, though cooperation could be useful.
- He also said he wanted to see whether Lebanon’s situation could be resolved.
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