No cash for Iran under proposed deal, says JD Vance

WorldPolitics
13 Jun 2026 • 12:54 AM MYT
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Image from: No cash for Iran under proposed deal, says JD Vance
US Vice President JD Vance. Reuters file photo

US Vice President JD Vance on Friday pushed back against what he described as “fake information" surrounding a proposed agreement aimed at reopening the Strait of Hormuz and addressing concerns over Iran’s nuclear programme, insisting that no funds would be released to Tehran merely for signing a deal.

In a detailed post on X, Vance said that reports suggesting Iran would receive cash payments as part of the arrangement were inaccurate and stressed that any economic benefits would be contingent upon Tehran fulfilling its obligations.

“I’m seeing a lot of fake information about a potential deal to reopen the Strait and end Iran’s nuclear weapons program. First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” Vance said.

According to the Vice President, the proposed framework has been designed to safeguard the interests of the United States and its allies while offering economic incentives only if Iran complies with the terms of the agreement.

“The deal is structured to ensure that the US and its allies’ concerns are prioritised, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region,” he said.

Describing the agreement as potentially transformative, Vance said it could help reshape the Middle East and pave the way for long-term stability. “This deal has the potential to remake the region and lead to lasting peace,” he added.

Vance also took aim at critics of the negotiations, questioning what he described as inconsistencies in their positions.

“I’ve noticed a couple of bizarre things in the reporting over the last few hours. First, people who rightly said Donald Trump was a historic president a month ago are now criticizing a deal based on unconfirmed media reports. Second, people who say you can’t trust a word said by the IRGC apparently believe anonymously sourced social media posts," he said.

The Vice President expressed confidence in President Donald Trump’s handling of the negotiations, saying Washington would secure a favourable outcome regardless of how the talks unfold. “The president is going to get us a good outcome, one way or the other,” Vance said.

His remarks came amid a flurry of conflicting reports and heightened speculation over the contours of a possible agreement between Washington and Tehran.

While Trump has repeatedly asserted that a “great deal” has been reached, Iranian officials have maintained that the draft text still requires review and final approval by the country’s leadership.