Trump Admits His War In Iran Could Have Caused ‘Economic Catastrophe’

Donald Trump has admitted the US-Israel war in Iran could have caused “economic catastrophe” while talking up his new deal with Tehran.

Speaking at a G7 press conference from France, the US president said: “I didn’t want to see economic catastrophe. If you kept this going, that could have happened.”

He added that the stock market is “more brilliant than anybody there is… other than me.”

The US and Iran have agreed to sign a deal to end their conflict although details of any such agreement are yet to be released.

It comes after Trump joined Israel’s prime minister Benjamin Netanyahu in bombing Tehran in February.

Iran retaliated by effectively closing a major shipping lane, the Strait of Hormuz, which hit around a fifth of global oil supplies and rocked the global market.

Trump also claimed Iran’s new group of leaders are “very smart” and “far less radicalised”.

He said: “I think they’re going to behave much differently. I think they see a different way of life that they were never exposed to.”

American and Israeli bombs have killed multiple senior officials including supreme leader Ayatollah Ali Khamenei over the last four months.

The White House also promised regime change in Iran after widespread public protests.

However the Islamic Republic is still very much in charge and the new supreme leader, Mojtaba Khamenei, is the son of his predecessor.

Despite concerns that Iran could still squeeze the Strait of Hormuz whenever it wants, Trump also issued fresh threats to renew the conflict.

He said: “If [a new peace agreement] doesn’t get done in 60 days, it’s all right – we go back to bombing.

“I don’t want to do that, because it’s so good. But we might have to, because we’re never going to let them have a nuclear weapon.

“But they’ve agreed not to, and you’ll see that very clearly in the agreement.”

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