Fact check: Donald Trump announced at a G7 press conference in Evian, France, that Iran can enrich uranium for electricity purposes.

Verdict: mostly true — Trust Score 75/100

The Instagram post accurately reports that Donald Trump made statements at a G7 press conference in Evian, France, regarding Iran's ballistic missiles and a softened stance on uranium enrichment, and that he signed an initial peace deal with Iran at the Palace of Versailles. It also correctly identifies Marco Rubio as the current Secretary of State and his presence at the G7. However, the post's claim about the unconditional release of frozen Iranian assets is misleading, as sources indicate the release is conditional. The content uses highly sensationalized and emotional language. The post is sponsored by Defiance ETFs, a fact confirmed by 28 sources.

Platform
instagram
Source author
moby.invest — see all fact-checks of this account
Original post
https://www.instagram.com/p/DZutV0JE2PL/?igsh=bHJlMXJvMTFrMTlx
Verified on
June 18, 2026
Verification ID
0TaXkZZG561JWHkQoKEWwA

Original content reviewed

Platform: INSTAGRAM Author: @moby.invest --- Caption/Description --- Trump spent four months starting a war over Iran's nuclear program, ballistic missiles, and frozen assets. On Wednesday, at a G7 press conference in Evian, France, he announced he was basically fine with all three. ⁠ ⁠ Iran can enrich uranium for electricity purposes. Ballistic missiles are actually fine because "other countries have some." And the frozen funds? "It's their money," Trump said, shrugging off billions in blocked assets like a parking ticket. ⁠ ⁠ Secretary of State Marco Rubio, who went on Fox News in May to insist Iran must "walk away from enrichment," stood directly behind him and said nothing. ⁠ ⁠ Hawks who supported the war are furious, while some of Trump's loudest critics are cheering. ⁠ ⁠ Hours after the press conference, Trump signed the peace deal at Versailles. The red lines are now lines left up for interpretation by the energy markets.⁠ ⁠ 📷 Gage Skidmore, CC BY-SA 2.0 --- On-Screen Text (OCR) --- Trump Says It's "Unfair" for Iran Not to Have Ballistic Missiles if Other Countries Do Together with DEFIANCE ETFs | NYSE: SPCU Published: 2026-06-18T14:01:06.000Z ---VERIFICATION_SUMMARY--- Platform: INSTAGRAM Author: @moby.invest --- Caption/Description --- Trump spent four months starting a war over Iran's nuclear program, ballistic missiles, and frozen assets. On Wednesday, at a G7 press conference in Evian, France, he announced he was basically fine with all three. ⁠ ⁠ Iran can enrich uranium for electricity purposes. Ballistic missiles are actually fine because "other countries have some." And the frozen funds? "It's their money," Trump said, shrugging off billions in blocked assets like a parking ticket. ⁠ ⁠ Secretary of State Marco Rubio, who went on Fox News in May to insist Iran must "walk away from enrichment," stood directly behind him and said nothing. ⁠ ⁠ Hawks who supported the war are furious, while some of Trump's loudest critics are cheering. ⁠ ⁠ Hours afte

Claims analyzed (6)

  1. mostly true: Donald Trump announced at a G7 press conference in Evian, France, that Iran can enrich uranium for electricity purposes.
    Donald Trump held a G7 press conference in Evian, France, on June 17, 2026. During this conference, he appeared to soften his stance on Iran's uranium enrichment, suggesting that it is 'a little hard' to deny Iran enrichment if other countries have it and acknowledging Iran's desire for a civilian nuclear program. He also downplayed the importance of obtaining Iran's uranium stockpiles. While he did not explicitly state 'Iran *can* enrich uranium for electricity purposes,' his remarks indicated
  2. verified: Donald Trump stated that Iran's possession of ballistic missiles is acceptable because other countries have them.
    At a G7 press conference in Evian, France, on June 17, 2026, President Donald Trump explicitly stated, "No I want, I'm saying that if other countries have them, it's a little bit fair for them not to have some... But if Saudi Arabia and Qatar and they all have some, I would say in relative proportion, I think it's okay. That's what I mean." This statement is widely reported by multiple news outlets.
  3. mixed: Donald Trump released billions in frozen Iranian assets, stating 'It's their money.'
    Donald Trump did state, "We have taken their money, it's their money," at the G7 summit in defense of the memorandum of understanding with Iran. However, the release of billions in frozen Iranian assets is not an immediate or unconditional action. Reports indicate that the Trump administration is negotiating the *conditional* release of these assets, with funds flowing only when Iran demonstrates "proper behavior" and compliance with the framework agreement. Senior U.S. officials clarified that
  4. verified: Donald Trump signed a peace deal with Iran at the Palace of Versailles.
    Multiple credible news sources confirm that Donald Trump signed a framework agreement or memorandum of understanding (MOU) with Iran at the Palace of Versailles on Wednesday, June 17, 2026, following the G7 summit. This agreement is described as an initial peace deal to end the war with Iran.
  5. verified: Marco Rubio serves as Secretary of State and was present at the G7 press conference in Evian.
    Marco Rubio assumed the role of the 72nd United States Secretary of State in January 2025. Multiple news reports and official statements confirm his presence at the G7 summit in Evian, France, on June 17, 2026, and specifically at the press conference, often depicted standing behind President Trump.
  6. verified: The post is "Together with DEFIANCE ETFs | NYSE: SPCU".
    The visible text overlay on the image explicitly states "Together with DEFIANCE ETFs | NYSE: SPCU". Defiance ETFs is a legitimate investment company founded in 2018, specializing in various ETFs. SPCU, the Defiance Daily Target 2X Long SpaceX ETF, is a real ETF that commenced trading on NYSE on June 15, 2026. This indicates a sponsored content arrangement.

Sources consulted (31)

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