Trump denies U.S. will put ‘any money’ into Iran, as he meets allies at G7 summit

U.S. President Donald Trump said Tuesday that America will not invest money in Iran after a Memorandum of Understanding was agreed with Tehran.

“We are not investing any money in Iran, by the way, and with that rumor got out there yesterday was ridiculous,” he told reporters on the sidelines of the G7 summit in Evian, France. “We have the right to go in some day and do, if I want to do something, or if somebody wants to do something, but we are not investing any money.”

involve Washington allowing for the creation of a $300 billion investment fund for Iran. Vice President JD Vance told CBS on Monday that it was the “sort of thing they could have access to, funded by the Gulf Coast Coalition, so long as they honor their end of the obligation.”

Trump also said he maintains a “great relationship” with Israeli Prime Minister Benjamin Netanyahu, despite admitting he “didn’t like” how Israel is handling its war with Hezbollah in Lebanon.

Israel agreed to a ceasefire with Lebanon earlier this month, after weeks of military operations in the country’s south. On Sunday, Israel said its military had attacked Hezbollah targets in Beirut’s southern suburbs.

“I’ve had a great relationship with Bibi, but now Bibi has to be more responsible with respect to Lebanon,” Trump said of Israel’s Netanyahu on Tuesday. “Lebanon used to be a great country … I would say of all countries, they’ve been treated the worst, and they can’t defend themselves, and they have Hezbollah, which is a problem for them, so now I’m not happy with the way Israel has handled themselves with Lebanon and with Hezbollah.”