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President Donald Trump on Wednesday revealed that Iran has agreed not to have a nuclear weapon amid a surge in strikes in the Middle East despite an ongoing ceasefire.
During an appearance on The New York Post’s Pod Force One podcast, Trump also said that he is “getting along quite well” with Iranian Supreme Leader Mojtaba Khamenei.
“They say he is giving approval, because that’s the way it has been for a long, long time. His father and then him, I guess it’s a succession. But we seem to be getting along quite well,” he said.
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Trump added that he believes Iranians have a lot of respect for their new leader and that he is involved in ongoing negotiations with the U.S. on a nuclear deal.
“I’d like to meet him. I’d love to meet everybody. I would like to meet him and we probably will meet at some point, depending on how it all works out,” he said.
Trump added that the situation in Iran is rapidly evolving, while saying he is working on a deal with the country. He said that the U.S. does not need boots on the ground in Iran to achieve its aims.
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“We’re working on a deal, and if that happens, fine. Or if it doesn’t happen, that’s okay too. We’ll do it the other way,” he said.
Trump said that it is unlikely that the naval blockade of Iran would still remain in place by Labor Day in September this year. He added that Iran has lost about three sets of its leadership and that its economy is crashing, responding to critics of his Iran war strategy.
Iranian Foreign Ministry spokesperson Esmail Baghei slammed U.S. Secretary of State Marco Rubio’s claims that Iran is plotting assassinations of the United States’ political leadership, including the president.
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“Every accusation is a confession. Playing victim cannot whitewash your harrowing war crimes and crimes against humanity against the Nation of Iran,” Baghei said in a post on X.
Crude oil prices rose on Wednesday amid rising tensions. U.S. West Texas Intermediate (WTI) futures expiring in July gained 2.33% to hover around $95.94 a barrel. Brent crude futures expiring in August were up 2.32%, at $98.23 a barrel.
The United States Oil Fund ETF (USO) was up more than 2%, while the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose about 3% at the time of writing.
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At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was down 0.08%; the Invesco QQQ Trust ETF (QQQ) rose 0.22%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) fell 0.29%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘bullish’ territory.
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