Trump denies U.S. will invest in Iran, as he meets allies at G7 summit
French President Emmanuel Macron and his wife Brigitte Macron walk with U.S. President Donald Trump during the G7 Summit at the Hotel Royal Evian in Evian-les-Bains, France, on June 15, 2026.
Isabel Dolls | Getty Images
US President Donald Trump said on Tuesday that America will not invest money in Iran after reaching an agreement on the Memorandum of Understanding with Tehran.
“By the way, we are not putting any money into Iran and this rumor that came out yesterday is ridiculous,” he told reporters on the sidelines of the G7 summit in Evian, France. “If one day I want to do something or someone wants to do something, we have the right to go and do it, but we are not investing any money.”
Leaders of the wealthy Group of Seven countries (USA, UK, France, Germany, Canada, Italy and Japan) are meeting in the Alpine town for the G7 summit; Among the guests are representatives from the EU and Ukraine.
Hours before leaving the United States and heading to France, Trump announced that the United States and Iran had reached an agreement to end their war in the Middle East.
In Real Social to mail On Monday evening, Trump called reports that the United States would pay a large sum of money to Iran “Fake News.”
It turned out that he meant reports It is stated that the terms of the peace agreement may include Washington allowing the creation of a $300 billion investment fund for Iran. Vice President J.D. Vance told CBS on Monday that this is “the kind of thing they can access, funded by the Gulf Coast Coalition, as long as they meet their obligations.”
Iran will be one of the main topics of discussion at the G7 summit, along with the security of Ukraine, balancing economic growth inequality and the future of artificial intelligence.
European leaders welcomed the agreement reached between Washington and Tehran and will use the summit to provide clarity on reopening the Strait of Hormuz.
European Commission President Ursula von der Leyen, in her statement on Monday, also called for a ceasefire in Lebanon, saying, “The Strait of Hormuz should be reopened and freedom of navigation should be restored free of charge.” he said.
“This crisis also carries a clear lesson,” he added. “We have seen once again that our energy dependence has been weaponized. We will discuss how to reduce our dependence on transit through the Bosphorus.”
At last year’s G7 summit in Kananaskis, Canada, Trump left early to address rising tensions with Iran. At that time, Israel and Iran were at war; This 12-day conflict ended shortly after the 2025 G7 summit.
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