Trump: Iran MoU ‘Not Final’ dr Warns of Renewed Bombing Campaign if Deal Fails.

US President says sanctions relief not immediate; Peace memorandum set for signing in Switzerland Friday as oil markets react.

Evian, France, June 17, 2026:-US President Donald Trump warned Wednesday that a memorandum of understanding with Iran is “not final” and that the United States could resume bombing if he dislikes the agreement or if Tehran “doesn’t behave”. 

Trump’s Warning at G7 Summit.

Speaking on the sidelines of the G7 summit in France alongside Egyptian President Abdel Fattah al-Sisi, Trump said:

 “It's a memorandum of understanding. And if I don't like it, we'll go back to shooting at them, dropping bombs on their head. If I don't like it, if they don't behave, we'll go right back to dropping bombs right smack in the middle of their head, OK?” 

He added that the MoU does *not* contain “immediate sanctions relief” for Iran and said he would address that issue later. 

 Status of the Iran Deal.

The landmark peace memorandum is set to be signed in Switzerland on Friday, June 20, at the Burgenstock resort near Lucerne. Trump called it a “very strong deal” but noted, “Nobody knows what it is, but it’s very strong, and most people seem to be very happy.”

Leaked details of a 14-point draft, unconfirmed by either side, reportedly include:

A 60-day ceasefire on all fronts, including Lebanon.

Reopening the Strait of Hormuz within 30 days “under Iranian arrangements”

 US and allies delivering reconstruction plans for Iran worth at least 

-Ending sanctions on Iranian oil and energy products

-Reiteration of Iran’s commitment not to produce nuclear weapons 

Trump dismissed reports of a $300 billion investment fund as part of the deal. He stressed: “Iran will never have a nuclear weapon.” 

 Market Reaction and Next Steps.

Oil prices edged up after Trump’s comments, with Brent crude up 0.4% at $79.26 a barrel. Analysts had expected prices to fall further once Persian Gulf exports normalized with the Strait of Hormuz reopening. 

The signing Friday would launch a 60-day window for talks on a final settlement covering Tehran’s nuclear program, financial sanctions, and administration of the Strait. Iran’s Foreign Minister Abbas Araghchi said negotiations could begin later this week. 

UK Prime Minister Sir Keir Starmer called the framework an “important breakthrough”. However, Iran’s top negotiator Mohammad Bagher Qalibaf said Tehran has “no trust in guarantees or words,” only actions. 

Trump concluded: “There’s nothing so smart as the market, and the market loves it… The alternative would be a worldwide depression.”