Summary
President Trump and President Macron hold a bilateral meeting at the G7 summit in France. Trump announces a signed Iran nuclear deal that opens the Strait of Hormuz, leading to plummeting oil prices and a surging stock market. The leaders also discuss potential Ukraine peace talks, critical minerals, trade convergence, and Lebanon.
- Trump confirms the Iran peace deal is signed and the Strait of Hormuz is partially open, with full opening expected Friday.
- He states oil prices are plummeting and the stock market is shooting up to record levels as a direct result.
- Macron emphasizes the deal's importance for global peace, the economy, and Lebanon, and France's readiness to share the burden.
- Both leaders express optimism about using the momentum to pursue a Ukraine peace deal, citing openness from Putin and Zelenskyy.
- Trump contrasts the new Iran deal favorably with the Obama-era JCPOA, calling the new document very powerful.
- The G7 agenda includes critical minerals, trade convergence, and celebrating 250 years of US independence.
- The meeting is held in Évian-les-Bains, historic site linked to French support for the US during the War of Independence.