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calendar_month Jun 18, 2026

Obama’s Iran Nuclear Deal ‘Prevented Iran From Acquiring A Nuclear Weapon,’ Nancy Pelosi Says: Trump Signed One That Costs Taxpayers Billions

Former House Speaker Nancy Pelosi (D-Calif.) criticized President Donald Trump’s decision to exit the Obama-era Iran nuclear agreement, arguing it escalated tensions in the Middle East, increased fuel prices and imposed high costs on U.S. taxpayers.

Pelosi Slams Trump Over Iran Nuclear Deal Exit

On Wednesday, in a post on X alongside a clip from MSNBC, Pelosi wrote, former President Barack Obama “masterfully negotiated an agreement that prevented Iran from acquiring a nuclear weapon.”

She added, “Trump tore it up and went to war—only to lose the lives of 13 brave Americans, raise prices at the pump, and sign a failure of a ‘deal’ that costs taxpayers billions.”

In the shared clip, the speaker also argued the U.S. had abandoned a strong agreement and claimed, “We tore up a good agreement. We went to war. We lost American lives, sadly.”

The commentary further criticized later policy approaches toward Iran, calling them a “ridiculous giveaway” that failed to address ballistic missile concerns while increasing economic burdens.

Trump Warns Iran As $300 Billion Deal Fund

President Trump warned the U.S. would resume strikes on Iran if Tehran violated an interim agreement, saying he hoped the deal would bring peace to the Middle East and lower oil prices.

Speaking at the G7 summit, he said the U.S. would “bomb the hell out of them” if Iran broke the deal and stressed that Tehran must honor its commitments.

Separately, the U.S.-Iran framework agreement included a $300 billion private investment fund aimed at boosting investment in Iran, with more than half reportedly already committed.

The fund was described as privately financed and dependent on a final deal being signed.

Former Secretary of State Mike Pompeo warned that sanctions relief or frozen assets could strengthen Iran’s military and proxy networks, writing, “When your enemy is at its weakest – win.”

Sen. Chris Murphy (D-Conn.) also criticized the reported deal, saying it amounted to a financial transaction that would benefit Iran in exchange for strategic concessions.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo Courtesy: Shutterstock/Dominic Dudley