French President Emmanuel Macron and First Girl Brigitte Macron stroll with US President Donald Trump in the course of the G7 Summit held at Lodge Royal Evian in Evian-les-Bains, France, June 15, 2026.
Isabel Infantes | Getty Photos
US President Donald Trump mentioned on Tuesday that the US wouldn’t make investments cash in Iran after signing a memorandum of understanding with the Iranian authorities.
“By the best way, we’ve not invested any cash in Iran. The rumors that have been unfold yesterday are ridiculous,” he advised reporters on the sidelines of the G7 summit in Evian, France. “If I wish to do one thing, or if somebody needs to do one thing, we’ve the correct to return in and do it in some unspecified time in the future, however we’re not investing cash.”
Leaders of the richest Group of Seven (G7) nations, together with the US, Britain, France, Germany, Canada, Italy and Japan, are gathering within the Alpine city for the G7 summit, with representatives from the European Union and Ukraine amongst them invited to attend.
Hours earlier than leaving the US for France, President Trump introduced that the US and Iran had reached a deal to finish the struggle within the Center East.
In a publish on Fact Social Monday evening, President Trump referred to as experiences that the US would pay tens of millions of {dollars} to Iran “pretend information.”
He seemed to be referring to experiences that the phrases of the peace deal may embrace permitting the US to create a $300 billion funding fund for Iran. Vice President J.D. Vance advised CBS on Monday that that is “the form of factor that we will entry with funding from the Gulf Coast Coalition so long as we adjust to the tip of our obligations.”
Iran shall be one of many essential matters of debate on the G7 summit, together with Ukraine’s safety, balancing financial development, and the way forward for synthetic intelligence.
European leaders have welcomed the settlement reached between the US and Iranian governments and hope to make use of the summit to hunt readability on reopening the Strait of Hormuz.
“The Strait of Hormuz have to be reopened and freedom of navigation restored. Tolls shall be free,” European Fee President Ursula von der Leyen mentioned in an announcement on Monday, additionally calling for a ceasefire in Lebanon.
“This disaster additionally presents clear classes,” she added. “As soon as once more, we’ve seen our power dependence being weaponized. We’ll focus on methods to scale back our dependence on Strait transit.”
Eventually 12 months’s G7 summit in Canada’s Kananaskis Islands, President Trump left early to handle rising tensions with Iran. On the time, Israel and Iran have been at struggle, with the battle lasting 12 days and ending shortly after the G7 summit in 2025.
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