Trump Signals Possible Iran Peace Deal as Tensions Persist, Energy Markets on Edge
Trump said the agreement could end the three-month war and reopen the Strait of Hormuz, which carries about 20% of the world’s oil supply.
- President Donald Trump announced Thursday that the United States and Iran could sign a peace deal this weekend, possibly in Europe, to end their three-month war.
- Iran has kept the Strait of Hormuz closed, blocking about 20% of global oil supply. Trump previously threatened to target Iranian infrastructure and Kharg Island to force negotiations.
- Iranian state media leaked a 14-point plan Friday including $300 billion in reconstruction and $24 billion in unfrozen assets. Trump dismissed these as "dishonorable" on Truth Social, saying they don't match the actual written agreement.
- White House officials stated the deal requires dismantling Iran's nuclear program, with the United States destroying enriched uranium on-site. Economic relief will follow Iran's full compliance, officials said.
- The agreement will be a major topic at next week's G7 summit in France. Rep. Michael McCaul suggested Iran may try to delay finalizing terms until closer to November elections.
34 Articles
34 Articles
FTSE 100 jumps as Trump signals peace deal
The FTSE 100 jumped on Friday after the US President claimed a deal with Iran that would see the opening of the Strait of Hormuz could be struck as soon as this weekend. Iran, however, said nothing had been finalised. We’ve been here before on a number occasions so although the market reaction was positive, […] The post FTSE 100 jumps as Trump signals peace deal appeared first on UK Investor Magazine.
Trump signals political shift in Iran
Washington, June 12, 2206 US President Donald Trump suggested that recent US military action had reshaped Iran’s leadership structure, saying a new group of leaders had emerged in Tehran and was proving more willing to negotiate with Washington. Speaking at the White House, Trump argued that military pressure had fundamentally altered the political landscape inside Iran and created conditions for a breakthrough agreement on Tehran’s nuclear prog…
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