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Vance: Iran Will Get No Cash From Deal with US

  • US Vice President JD Vance stated that Iran will not receive any cash or funds simply for signing a proposed deal to reopen the Strait of Hormuz and address its nuclear programme, emphasizing that economic benefits depend on Iran fulfilling its obligations.
  • Vance emphasized that the deal prioritizes the security interests of the US and its allies while aiming to create long-term stability in the Middle East and potentially reshape the region.
  • Iranian officials and US sources reported differing views on the deal's status, with Iran denying a finalized agreement and the US preparing for a possible memorandum including ceasefire terms and sanctions relief.
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J.D. Vance denies that, by signing an agreement to reopen the Strait of Ormuz, Iran will get $300 billion for a reconstruction fund

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Bias Distribution

  • 55% of the sources lean Right
55% Right

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Arab News broke the news in Riyadh, Saudi Arabia on Friday, June 12, 2026.
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