Economy

Trump claims Iran deal as Tehran denies definitive conclusion amid ongoing conflict

Nexus Europa Newsroom
Posted Jun 12, 2026, 04:30 AM UTC · In the digest of 2026-06-12-0430
Trump claims Iran deal as Tehran denies definitive conclusion amid ongoing conflict

Amid ongoing US airstrikes and Iranian threats, President Trump announced a "very good agreement" to end the conflict, a claim swiftly denied by Tehran. This comes as US inflation rises and G7 leaders prepare to discuss the crisis.

The United States recently conducted further airstrikes against Iran, targeting military surveillance, communication, and air defense sites. Following these actions, President Donald Trump announced the cancellation of planned strikes and subsequently claimed a "very good agreement" had been reached to end the conflict, suggesting a signing might occur in Europe soon. However, Tehran promptly denied any "definitive conclusion" to such an accord. This development continues a conflict now exceeding 100 days, marked by President Trump's often contradictory statements regarding an imminent resolution. Domestically, new inflation figures for May showed a 0.5% monthly and 4.2% annual rise, largely driven by energy costs linked to the ongoing conflict and the Strait of Hormuz's closure. European leaders are preparing to address the Middle East conflict and other global economic imbalances with President Trump at an upcoming G7 summit in Evian, France.

Sources: Le Monde

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