Trump Says Vance May Sign Iran Deal in Europe This Weekend

President Donald Trump pulled back threatened military strikes against Iran, a stark reversal that came just hours after he vowed to hit the Islamic Republic “VERY HARD” and threatened to seize its oil infrastructure. #iran #trump #worldnews #politics #usa #news #breakingnews Trump told reporters in the Oval Office that a signing could take place as soon as this weekend in Europe and that Vice President JD Vance would attend if it materializes. He also said Iran’s supreme leader had agreed to a deal, though he cautioned the pact was not finalized. The president described it as “a very strong memorandum of understanding that is a little conceptual,” which would restart shipping in the Strait of Hormuz and include commitments from Tehran to not pursue a nuclear weapon. Read more: https://www.bloomberg.com/news/articles/2026-06-11/trump-cancels-planned-strikes-against-iran-in-latest-reversal ---------- Like this video? Subscribe https://www.youtube.com/@Bloomberg-News Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more. Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg on YouTube: https://www.youtube.com/@business https://www.youtube.com/@markets https://www.youtube.com/@BloombergTechnology https://www.youtube.com/@BloombergPodcasts Connect with us on social: https://www.instagram.com/bloombergbusiness https://www.linkedin.com/company/bloomberg-news https://www.tiktok.com/@bloombergbusiness https://www.facebook.com/bloombergbusiness