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๐Ÿ‡ฎ๐Ÿ‡น Italy /Economy & Trade

Trump: Iran deal signed Friday, second phase 'easier'

From ANSA · () Italian

Translated from Italian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • The US and Iran are set to sign a deal in Switzerland on Friday, with President Trump predicting success and an easier second phase.
  • The agreement reportedly includes Iran's commitment to not develop nuclear weapons and the full reopening of the Strait of Hormuz.
  • The deal's details, including potential sanctions relief and oil sales, have already impacted global oil prices, pushing them to three-month lows.

President Donald Trump announced a significant diplomatic achievement, stating that the US has concluded an agreement with Iran that he believes will be successful and lead to an easier second phase. Speaking at the G7 summit in Evian, Trump asserted that Tehran has committed to not developing or acquiring nuclear weapons and that the Strait of Hormuz will fully reopen by Friday, the day an official signing is expected.

We have concluded our deal with Iran and it should be successful. Now it moves to a second phase that I think will actually be easier.

โ€” Donald TrumpAnnouncing the conclusion of the deal with Iran and predicting its success.

The memorandum is set to be signed by US Deputy JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf at the heavily secured Bรผrgenstock resort near Lake Lucerne, Switzerland. This signing will initiate a 60-day period to finalize a comprehensive agreement covering Iran's nuclear program, sanctions relief, and asset freezes.

Tehran has already announced the lifting of the US blockade on Hormuz prior to the official signing. The Wall Street Journal reported that the US will permit Iran to immediately resume oil sales, with sanctions waivers taking effect after Friday's ceremony. These developments have contributed to a further drop in oil prices, reaching three-month lows.

clearly to not develop or acquire nuclear weapons

โ€” Donald TrumpStating Iran's commitment regarding nuclear weapons.

Trump also addressed the leadership in Tehran, praising the current figures as strong and intelligent, potentially more so than previous leaders. He denied seeking regime change but suggested the current leadership might help their country. When questioned about the US stance if the Iranian regime continues to suppress its people, Trump indicated discussions are ongoing, noting that such actions were more severe under previous regimes.

will fully reopen by Friday

โ€” Donald TrumpPredicting the reopening of the Strait of Hormuz.

Regarding enriched uranium, Trump stated, "we don't want to take it, we want to destroy it." He refuted reports of a $300 billion reconstruction fund for Iran, calling the rumors "ridiculous" and clarifying that the US has no obligation to invest money there, aiming to reassure American taxpayers. Trump also indicated he likes the idea of submitting the deal to Congress, where bipartisan unease exists over what some US media outlets have termed a "defeat" or "retreat."

They are strong people, intelligent people, probably much more intelligent and smarter than the first and second group of Iranian leaders. They are not radicalized and I think they can help their country.

โ€” Donald TrumpCommenting on the current Iranian leadership.
DistantNews Editorial

Originally published by ANSA in Italian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.