U.S. President Donald Trump has dismissed reports suggesting that a $300 billion investment fund is to be part of a deal to resolve the conflict between the United States and Iran. According to Trump, this is false information that the media has misinterpreted.
Trump made the remarks on the sidelines of the G7 summit in France. "It's fake," he told reporters. He added that the United States is not investing in such a fund and that there is no such fund.
According to Reuters, a framework agreement between the United States and Iran was said to include the creation of a private investment fund of $300 billion. The funding was reportedly to be provided by private companies. However, Trump rejected this interpretation and said that it was a misrepresentation of a statement that could have been worded more precisely.
The U.S. president also stated that the markets are reacting positively to developments regarding Iran. According to Trump, the price of oil is around $73 to $74 per barrel and is approaching the level it was at before the crisis began. He also suggested that oil prices could fall even lower than they were before the war with Iran.
"The market is really happy," Trump declared. According to him, the stock market has risen sharply, while the price of oil has fallen significantly. He added that oil is currently in the low seventies per barrel.
Trump's words are intended to calm speculation about potential financial obligations of the United States in the planned agreement with Iran. At the same time, the U.S. president is trying to emphasize that any agreement should not mean direct costs for American taxpayers. The development of oil prices is one of the most closely watched consequences of the crisis, as the conflict in the Persian Gulf region can quickly affect global energy markets.
gnews.cz - GH
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