Trump Supports Iran Deal to Prevent Crisis

U.S. President Donald Trump defended the memorandum of understanding he signed with Iran, considering it aimed at preventing an economic catastrophe similar to the Great Depression of 1929. He indicated that the agreement ensures the reopening of the Strait of Hormuz to navigation and the easing of sanctions on Iranian oil exports, in exchange for Tehran's commitment not to seek nuclear weapons. He also emphasized that the deal does not include final understandings and is reversible before reaching a comprehensive agreement, warning of renewed escalation if Iran does not abide by the terms. Trump signed the memorandum during a banquet at the Palace of Versailles, viewing the agreement as a significant gamble on changing the behavior of the Iranian regime.

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