US President Donald Trump announced that a meeting is currently underway to make a final decision regarding the agreement with Iran.
Trump said Iran must agree that it will not possess nuclear weapons or bombs under any circumstances. He also stated that the Strait of Hormuz should be immediately opened and no transit fees should be charged.
Trump stated that the US would lift the naval blockade and that ships could begin returning home. He also announced that the uranium in Iran would be extracted and destroyed in coordination with the US, Iran, and the International Atomic Energy Agency (IAEA).
Trump also said that no money transfers or payments would be made until further notice.
*This is not investment advice.