US President Donald Trump said the United States will return Iran’s seized funds, speaking at a press conference in France following the G7 summit on Wednesday. He stated that the money belongs to Iran and was previously frozen, adding that failure to return it could undermine global confidence in the US dollar. Trump emphasized that the return of funds depends on Iran’s behavior and compliance with agreed conditions.

According to the report, the United States and Iran have signed an electronic memorandum of understanding (MoU) covering the cessation of military operations, reopening of the Strait of Hormuz, and easing of sanctions to facilitate renewed discussions on Iran’s nuclear program. Under the agreement, the US and its regional partners committed to developing a mutually agreed plan worth at least 300 billion dollars to support Iran’s reconstruction and economic development.

Trump clarified that the US is not providing new funds but will proceed only if Iran acts appropriately. He also noted that Iran has already suffered losses exceeding one trillion dollars and that potential sanction relief will depend on Iran’s future conduct.