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World News Updated Jul 2, 2026

Trump Claims Iran Denuclearization "Moving Along Well" Amid Strikes

US President Donald Trump stated that the denuclearization of Iran is progressing well, despite recent US strikes on Iranian ships. He highlighted that the stock market is setting records and oil prices have dropped. Trump emphasized that Iran cannot possess a nuclear weapon and that negotiations are ongoing. Meanwhile, Iran's Deputy Foreign Minister Kazem Gharibabadi strongly criticized the US-led regional security summit in Bahrain.

"Denuclearization of Iran is moving along well": Donald Trump

Washington DC, July 2

US President Donald Trump, while speaking of the Iran imbroglio on Wednesday, said that the denuclearisation was going well.

Amid the repeated ceasefire talks that metamorphosed into ceaseless strikes, Trump said the US struck Iranian ships for three nights.

"As far as things are going, the denuclearization of Iran is moving along well. They've had very good meetings and we'll see. We hit them very hard for three nights as you know. But we're getting along very well, so I call it the denuclearization and it's all taking place, it's all going well," he said.

Trump further said that stock market is setting records virtually every day as the US ensures Iran does not possess a nuclear weapon.

"The stock market is setting records virtually every day. The oil price is way down. We're down at 68, I see it hit 68 today. That's lower than when I started the, I guess you could call it an attack on Iran, so that they never have a nuclear weapon. So the oil price is now lower, the retail prices, the gasoline is coming down rapidly," he said.

Trump added, "I think they've come a long way. We hit them very hard last week. I think they're fine. I think we're going to, it's the denuclearization of Iran, it's very simple. And Iran cannot have a nuclear weapon, otherwise all of this stuff that we look at, all of these things that we do, the country's never had activity like it's got right now."

Meanwhile, Iran's Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi on Thursday strongly criticised the US-led regional security summit in Bahrain, rejecting Western attempts to allegedly dictate security frameworks in the Persian Gulf and the strategic Strait of Hormuz.

In a post on X, Gharibabadi dismissed both the legitimacy of the military summit and the authority of the American command structure in the region, asserting that "Hormuz is defined under Iran's command, not CENTCOM." He maintained that a military summit in Bahrain cannot establish "legal order and security for the Persian Gulf".

— ANI

Reader Comments

Sarah B

This is such a confusing statement. "We hit them hard but we're getting along very well"? That's like saying "I slapped you but we're best friends now." I'm not sure if Trump is being overly optimistic or just spinning things. And linking stock market to Iran strikes feels a bit forced, but I guess that's politics.

Priya S

As an Indian, I'm watching this closely. Iran is our neighbor in a way (through the Arabian Sea), and any instability there affects our oil prices and trade. If denuclearization is happening, great. But I hope the US isn't just creating more chaos and calling it peace. The Strait of Hormuz is critical for our energy security, and Iran's statement about it being under their command is a reminder of how fragile things are.

Michael C

I'm sorry, but "denuclearization" after bombing someone for three nights? That's not how diplomacy works. Trump is clearly trying to paint a picture of success, but the reality might be different. The fact that Iran's deputy foreign minister is rejecting US-led security frameworks shows there's still a lot of tension. This feels like a PR move more than a real achievement.

Vikram M

From an Indian perspective, we've always believed in dialogue over aggression. Trump's approach seems contradictory—talk of peace while striking hard. But if denuclearization genuinely happens, it's a win for everyone. India has maintained good relations with Iran (hello, Chabahar port), so we hope this doesn't escalate further. The oil price drop is good for our economy, but long-term stability is what we really need. 🇮🇳

Lauren Z

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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