President Donald Trump announced at the G7 summit in France that a landmark agreement has been reached to permanently prevent Iran from acquiring nuclear weapons. The deal, mediated by Qatar and Pakistan, was virtually signed on June 15.
“Iran will never have a nuclear weapon, that’s what it says,” Trump stated, confirming the full text will be released soon. The pact triggers a 60-day technical dialogue phase and addresses the critical reopening of the Strait of Hormuz, a vital artery for global oil supplies.
Trump dismissed reports of $300 million in US payments to Iran as part of the arrangement, calling them fake news, and warned any violation would face severe consequences. The accord sharply reverses the confrontational posture marked by recent military strikes and the 2018 US withdrawal from the JCPOA.
Financial markets shifted into risk-on mode immediately. Bitcoin broke above the $67,000 threshold, riding a broader wave of optimism driven by reduced geopolitical tension. Historical patterns show such diplomatic breakthroughs consistently coincide with upward trends in crypto assets. Investors are now closely watching oil price stabilization and the progress of the 60-day technical phase as key forward indicators.