Overview
- President Donald Trump told reporters at the G7 summit in Evian on Wednesday that a memorandum toward ending hostilities gives Iran 60 days to reach a final deal or face renewed bombing.
- He said the memorandum envisions about $300 billion for Iran’s reconstruction but that funds would be released only if Iran meets the agreement and that the United States will not invest directly.
- Trump said he informed Israel about the memorandum and that he asked allies to join operations, adding that Japan told the U.S. it did not want to take part in military action.
- The G7 leaders’ communique committed to work together to restore safe navigation through the Strait of Hormuz, a move aimed at protecting oil shipments from disruption.
- Trump’s public downplaying of a February school bombing in Iran that killed more than 150 children adds political sensitivity to the plan and raises the risk that pressure or renewed strikes could further harm civilians and strain allied unity.