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

MarsBitNews
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Mars Finance News, June 19 — U.S. President Trump on the 18th said that the reason he negotiated and reached a memorandum of understanding between the United States and Iran 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 was annoyed by some domestic critics who questioned his toughness towards Iran. He said that if the bombing of Iranian targets continued, the Strait of Hormuz would become impassable. "We haven't had oil for months. As long as you keep bombing, that strait will automatically close... This could trigger a global recession." Axios News, citing sources, reported that Trump privately expressed concern that global oil reserves are about to run out, and if the Strait of Hormuz remains closed, it could trigger a global oil crisis.
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