WATCH: Trump predicts 'great things' from Iran deal as he meets with Macron at G7

President Donald Trump hailed a tentative agreement reached between the U.S. and Iran to end a war, predicting that "great things are going to happen" in the Middle East. Speaking at the G7 summit in France, Trump noted the positive impact of the deal on the economy, stating that "the oil is plummeting down and the stock market is shooting up like a rocket today."

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I think a lot of great things are going to happen in the Middle East right now, and very importantly the oil is plummeting down and the stock market is shooting up like a rocket today.

Trump expressed hope for a positive relationship with Iran moving forward, but acknowledged the possibility of reverting to conflict if the agreement falters. "Hopefully we get along. If we don't, we go back to where we started," he said.

French President Emmanuel Macron confirmed that European allies are prepared to deploy forces, including fighter aircraft and an aircraft carrier, to the Strait of Hormuz. This measure aims to ensure the free flow of energy supplies to global markets following the U.S.-Iran deal.

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I felt badly that we had to go back on the attack for two nights. Hopefully it's going to be a good relationship, and we get along.

Macron stated that frigates could be deployed within 48 hours and the aircraft carrier within two to three days. Trump, however, suggested that significant assistance might not be necessary, believing the strait "is going to be open."

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Well, it depends. I may be involved. I may not.

Trump also indicated uncertainty about his attendance at the formal signing of the agreement, scheduled for Friday, mentioning that Vice President JD Vance might be involved instead. The summit also addressed protests occurring in Geneva.

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I don't think we're gonna need much help because the strait is going to be open.