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Trump Says 'No Limits' After Iran Memorandum That Opens $300 Billion

He says he accepted the short deal to reopen the Strait of Hormuz and avoid a wider oil shock.

Overview

  • The White House signed a 14-point memorandum of understanding with Iran that ends the U.S. naval blockade, requires free passage through the Strait of Hormuz, and would give Tehran access to roughly $300 billion pending any final agreement.
  • Trump defended the agreement as a strategic choice to prevent the closure of the Hormuz chokepoint from triggering a global oil shock and an economic downturn and called the military campaign a total victory.
  • In an interview carried on Thursday, Trump declared there are “no limits” to his power and framed the MOU as evidence of his strength rather than a retreat from his earlier demand for Iran’s unconditional surrender.
  • Conservative commentators and some Republican figures sharply criticized the deal as enriching Iran and questioned the advice and trade-offs behind accepting a narrower settlement.
  • Reporting shows Trump has been circulating and posting material that compares his power to historic conquerors, a narrative that deepens debate over his governing style and could shape domestic political backlash and foreign negotiations going forward.