ÉVIAN-LES-BAINS, France — President Donald Trump on Tuesday clarified that the United States would not provide immediate financial transfers to Iran as part of an emerging agreement aimed at ending the ongoing conflict and reopening the strategically vital Strait of Hormuz. Speaking at the Group of Seven summit, Trump dismissed reports suggesting U.S. investment in Iran as inaccurate, describing them as “ridiculous.”

While details of the arrangement between the two countries remain scarce, the president indicated that any financial involvement would occur at a later stage. “We are not investing any money in Iran, by the way,” Trump said, emphasizing that the focus was not on immediate monetary support. However, he acknowledged the potential for future economic opportunities in Iran, given the extensive damage wrought by recent hostilities between Tehran and Washington.

Flanked by Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, Trump suggested that reconstruction efforts and investment might eventually be necessary to help stabilize the region, although he maintained that such considerations were not currently a priority. Other officials have hinted that Iran could potentially gain access to a substantial regional fund as part of broader efforts to facilitate peace and economic recovery, but specific terms and mechanisms have not been disclosed.

The conflict between the United States and Iran has heightened tensions in the Gulf region, and reopening the Strait of Hormuz—through which roughly a fifth of the world’s oil shipments pass—remains a critical objective for international stakeholders. While the emerging deal signals a step toward de-escalation, many elements of the agreement have yet to be publicly confirmed, leaving questions about the future course of U.S.-Iran relations.

Democratic lawmakers have responded with caution, establishing red lines on national security issues related to any engagement with Tehran under the Trump administration, underscoring the political sensitivity surrounding the negotiations. As discussions progress, the international community continues to monitor developments closely, seeking clarity on how the deal will be implemented and what it may mean for regional stability.