Trump Comments on Iran Oil Profits Amid US Agricultural Exports

President Donald Trump stated he could not guarantee that Iran would not use its oil profits to enhance military capabilities. Meanwhile, he mentioned that these funds are expected to be used for purchasing American agricultural products. The U.S. Treasury has authorized the import of Iranian oil and refined products into the U.S. through at least August, following productive talks between the U.S. and Iran. Iranian central bank governor Abdolnaser Hemmati indicated that while there is no obligation to buy from the U.S., they would consider purchasing American goods depending on price and quality.

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