President Donald Trump defended his tentative agreement with Iran at the G7 summit in Évian-les-Bains, France, saying the deal helped avert an "economic catastrophe" that could have hit Americans through soaring oil prices, market turmoil and a prolonged disruption in the Strait of Hormuz.
"I didn't want to see an economic catastrophe," Trump said, according to Reuters, arguing that continued bombing could have pushed the global economy toward what he described as an "international depression."