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President Donald Trump stated on June 22 that he would take action if Iran does not meet terms of an agreement signed the prior week. The deal unfreezes Iranian funds restricted to U.S. food purchases. It follows attacks that killed thousands and raised global oil prices.
President Donald Trump said on June 22 that he would take action if Iran does not comply with an interim agreement signed the previous week with Iranian President Masoud Pezeshkian. "If Iran doesn't live up to their agreement, or if they're not behaving, I will do what I have to do," Trump told reporters in the Oval Office at the White House.
The agreement includes the unfreezing of Iranian funds that must be used exclusively for food purchases from the United States.
"All that money's coming back in the form of purchases of food which they desperately need. They have 91 million people, they can't feed them. So, the money that we lift is going to go to our farmers," Trump said.
The signing came more than three months after U.S. and Israeli forces attacked Iran, prompting Iranian strikes on Israel and Gulf states hosting U.S. bases. -Israeli attacks on Iran and Israeli strikes in Lebanon killed thousands and displaced millions.
The conflict also raised global oil prices and shook markets worldwide. Congress returned to Washington on June 22 and began reviewing the ceasefire terms that reopened the Strait of Hormuz. Trump said he could not guarantee that Iran would not use oil profits to rebuild its military, responding "We'll see" when asked about the issue.
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