Trump says reaching a U.S.-Iran understanding aims to prevent a global economic recession

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BlockBeats News, June 19 — On the 18th, U.S. President Trump stated that the reason he negotiated and reached the U.S.-Iran Memorandum of Understanding was to prevent the conflict from escalating into a global economic recession. Trump told Axios News that the U.S. "completely defeated them militarily." This military action actually demonstrated America's military strength. "Who else can do such a blockade? I implemented a maritime blockade, and not a single ship could break through."

Trump is annoyed by some Americans questioning his toughness towards Iran. He said that if he continued bombing Iranian targets, the Strait of Hormuz would become impassable. "We haven't been able to get oil for months. As long as you're still bombing, that strait will automatically close... Such a situation could trigger a global recession." Axios News cited sources saying that Trump privately expressed concern that global oil reserves are running out, and if the Strait of Hormuz remains closed, it could trigger a global oil crisis.

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