Donald Trump · Iran · Strait of Hormuz · White House · Axios
Trump settles for Iran agreement that falls short of his promises
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President Trump made the case for his deal with Iran during an hour-long press conference on Wednesday, while seeming to lower his own bar for success and warning he could bomb Iran again if nuclear talks fail.
Key facts
- The MOU also calls for a plan to establish a $300 billion fund to rebuild Iran
- Lindsey Graham (R-S.C.), who endorsed the deal after an hour-long phone call with White House envoy Steve Witkoff on Wednesday morning
- The parties also give themselves 60 days to negotiate a nuclear deal
- But he claimed on Wednesday that "if it doesn't get done in 60 days, they go back to bombing
Summary
For two months, Trump has been seeking a deal to end the war, reopen the Strait of Hormuz and stabilize global energy markets. Iran gets sanctions relief to sell oil, the strait reopens, the blockade lifts. The parties also give themselves 60 days to negotiate a nuclear deal.