India, June 29 -- US President Donald Trump has rejected reports of there being a $30 billion deal in works between American and Iran for the establishment of non-military nuclear facilities.

"Who in the Fake News Media is the SleazeBag saying that "President Trump wants to give Iran $30 Billion to build non-military Nuclear facilities." Never heard of this ridiculous idea," Trump said in a post on Truth Social.

The US President's dismissal came after a CNN report said that the Trump administration had explored possible economic incentives for Iran so it builds a non-enrichment nuclear program. For this, as much as 20-30 billion US Dollars could be invested, and several proposals were floated, the report said.

This investment, however,...