President Donald Trump announced that Iran has agreed to reinstate nuclear inspections by the International Atomic Energy Agency, a development that sent ripples through global markets. Bitcoin climbed past $67,000 as traders interpreted the diplomatic breakthrough as a meaningful reduction in geopolitical risk.

The agreement, announced between June 17 and 23, 2026, calls for Iran to invite IAEA inspectors back to its nuclear sites and begin identifying locations where enriched uranium is stored. Trump emphasized that Iran has committed to neither producing nor procuring a nuclear weapon, adding that the US will maintain what he called “strong policing powers” over the inspection process.

From airstrikes to diplomacy

This follows a four-month military conflict triggered by US and Israeli strikes on Iranian nuclear facilities.

Negotiations between Washington and Tehran resumed in April 2025, with Oman serving as an intermediary. Multiple rounds of talks throughout that year focused on verification mechanisms, limits on uranium enrichment, and what to do with Iran’s existing stockpiles of enriched material.