The very defective J.C.P.O.A. expires shortly anyway and gives Iran a clear and quick path to nuclear breakout. Iran must abandon its nuclear ambitions and end its support for terrorism. The time has come for the United Kingdom, Germany, France, Russia and China to recognize this reality. They must now break away from the remnants of the Iran deal, or J.C.P.O.A., and we must all work together toward making a deal with Iran that makes the world a safer and more peaceful place. We must also make a deal that allows Iran to thrive and prosper and take advantage of its enormous untapped potential.
Iran can be a great country. Peace and stability cannot prevail in the Middle East as long as Iran continues to foment violence, unrest, hatred and war. The civilized world must send a clear and unified message to the Iranian regime: Your campaign of terror, murder, mayhem will not be tolerated any longer. It will not be allowed to go forward.
Today, I am going to ask NATO to become much more involved in the Middle East process. Over the last three years, under my leadership, our economy is stronger than ever before and America has achieved energy independence. These historic accomplishments changed our strategic priorities. These are accomplishments that nobody thought were possible. And options in the Middle East became available.
We are now the No. 1 producer of oil and natural gas anywhere in the world. We are independent, and we do not need Middle East oil. The American military has been completely rebuilt under my administration at a cost of $2.5 trillion. U.S. armed forces are stronger than ever before. Our missiles are big, powerful, accurate, lethal and fast. Under construction are many hypersonic missiles. The fact that we have this great military and equipment, however, does not mean we have to use it. We do not want to use it. American strength, both military and economic, is the best deterrent.
Three months ago, after destroying 100 percent of ISIS and its territorial caliphate, we killed the savage leader of ISIS, al-Baghdadi, who was responsible for so much death, including the mass beheadings of Christians, Muslims and all who stood in his way. He was a monster. Al-Baghdadi was trying again to rebuild the ISIS caliphate and failed. Tens of thousands of ISIS fighters have been killed or captured during my administration. ISIS is a natural enemy of Iran. The destruction of ISIS is good for Iran. And we should work together on this and other shared priorities.
Finally, to the people and leaders of Iran, we want you to have a future and a great future, one that you deserve. One of prosperity at home and harmony with the nations of the world. The United States is ready to embrace peace with all who seek it. I want to thank you, and God bless America. Thank you very much.