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Trump Says Iran Sites ‘Destroyed’, U-Turns on China Buying Iranian Oil | Bloomberg The Pulse 06/25

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June 25, 2025

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US President Donald Trump disputed an intelligence report that found the airstrikes he ordered on Iran had only a limited impact on its nuclear program, even though the assessment came from the Pentagon. “The nuclear sites in Iran are completely destroyed,” Trump said on Truth Social. He said CNN and the New York Times, which first reported the intelligence findings on Tuesday, “have teamed up in an attempt to demean one of the most successful military strikes in history.” Later, speaking to reporters at a NATO summit in The Hague on Wednesday, he said the report was “very inconclusive” but that he still believed the sites were demolished. Trump also appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel. The announcement on social media — which surprised both oil traders and officials in his own government — could undermine the central element of Washington’s Iran policy under multiple administrations, which have sought to cut the regime’s main source of revenue by making its top export off limits.

Today's guests: Ken Moelis, Moelis & Company Founder, Chairman & CEO, Anahita Thoms, Baker McKenzie Partner, Myron Brilliant, DGA Group Senior Counselor

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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US President Donald TrumpPentagon TheTruth Social HeNew York TimesThe HagueIsrael TheWashingtons IranKen Moelis Moelis

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