Iran-US war latest: Trump says world would have seen ‘economic catastrophe’ if he didn’t strike peace deal
Key Points:
- President Donald Trump claims his peace deal with Iran averted an "economic catastrophe" by preventing further conflict and stabilizing oil prices affected by the Strait of Hormuz closure.
- Trump announced the Iran agreement is set to be signed imminently, allowing Iran to resume oil sales immediately in exchange for commitments on navigation and nuclear non-proliferation.
- Despite praising Israeli Prime Minister Netanyahu, Trump criticized Israel's military actions in Lebanon, urging a "softer touch" to avoid damaging Lebanon's infrastructure and culture.
- Israel reported multiple injuries among soldiers due to Hezbollah drone attacks in southern Lebanon, raising concerns over regional tensions despite the peace deal.
- China's foreign minister welcomed the US-Iran memorandum of understanding and called for proper handling of navigation through the Strait of Hormuz, emphasizing support for Iran's sovereignty.