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MEMO MISUNDERSTANDING

Trump blasts 'false story' on $300B Iran fund, warns bombing could resume

Trump calls $300B Iran investment report 'false,' warns US could resume bombing

President Donald Trump called reports of a $300 billion investment in Iran "false," insisting the US is "not investing $0.10." Trump also said a deal is not final and warned that if Tehran does not "behave," the US could resume military action.

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Tropical Storm Arthur

The first named storm of the 2026 Atlantic hurricane season forms off the Gulf Coast of Texas.

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