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U.S. Domestic6h 32m ago
President Donald Trump stated that the world would have faced an “economic catastrophe” if he had not brokered a peace agreement with Iran.
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France, Lebanon, Strait of Hormuz
Who
Donald Trump, Benjamin Netanyahu, Wang Yi
What
President Donald Trump stated that the world would have faced an “economic catastrophe” if he had not brokered a peace agreement with Iran.
When
Wed, 17 Jun 2026 14:14:05 GMT · 6h 32m ago
Where
France, Lebanon, Strait of Hormuz ·
Why
Trump sought to avert a severe economic downturn caused by a potential oil price shock resulting from the closure of the Strait of Hormuz.
The Frontline Impact
How this affects you
The ongoing tension and potential for renewed conflict in the Middle East, particularly involving the Strait of Hormuz, could significantly disrupt global oil markets, potentially leading to widespread economic instability.
Story chain
11 events in this thread- U.S. Domestic6h 32m agoPresident Donald Trump stated that a peace agreement with Iran averted an 'economic catastrophe' and criticized Israel's conduct in Lebanon, specifically regarding the bombing of Beirut.Open article
- U.S. Domestic6h 32m agoPresident Trump stated that the world would have faced an 'economic catastrophe' without his peace agreement with Iran and criticized Israel's actions in Lebanon.Open article
- U.S. Domestic6h 32m agoUS President Donald Trump stated that the world would have faced an “economic catastrophe” without a peace agreement with Iran, and if a full agreement was not struck within 60 days, he would 'go back to bombing'.Open article
- U.S. Domestic6h 32m agoPresident Donald Trump announced he would "go back to bombing" if a full agreement with Iran was not struck within 60 days, and that a peace deal with Iran will be signed shortly.Open article
- U.S. Domestic6h 32m agoPresident Donald Trump said the world would have faced an 'economic catastrophe' if he hadn't struck a peace deal with Iran, adding at the G7 summit that he would 'go back to bombing' if a full agreement was not reached within 60 days.Open article
- U.S. Domestic6h 32m agoDonald Trump stated that the world would have faced an “economic catastrophe” if he had not secured a peace agreement with Iran.Open article
- U.S. Domestic6h 32m agoPresident Donald Trump said that the world would have been plunged into “economic catastrophe” if he did not strike a peace agreement with Iran.Open article
- U.S. Domestic6h 32m agoPresident Donald Trump stated that the world would have faced an 'economic catastrophe' without his peace agreement with Iran.Open article
- U.S. Domestic6h 32m agoPresident Donald Trump stated that the world would have faced an 'economic catastrophe' if he had not negotiated a peace agreement with Iran.Open article
- Currently Reading6h 32m agoPresident Donald Trump stated that the world would have faced an “economic catastrophe” if he had not brokered a peace agreement with Iran.
- U.S. Domestic6h 32m agoUS President Donald Trump stated that a peace agreement with Iran prevented an 'economic catastrophe' and indicated he would 'go back to bombing' if a deal was not struck within 60 days.Open article