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Vance ‘confident’ Treasury can waive Iran oil sanctions without Congress

Vance said a Justice Department opinion backs temporary sanctions relief, while lawmakers questioned the $300 billion reconstruction fund and the lack of congressional review.

  • Vice President JD Vance said the White House can lift oil sanctions on Iran without needing Congress' approval, citing a legal opinion from the Justice Department's Office of Legal Counsel.
  • Republican lawmakers criticized the peace deal's economic relief, including a $300 billion fund for Iran's reconstruction provided by regional countries, not U.S. taxpayers.
  • Lawmakers were not given the 14-point agreement before it was signed, with briefings to Congress planned soon but possibly delayed due to the House being out of session.
  • Vance stated that lifting some sanctions will help track Iran's financial transactions, which he called beneficial for Americans, and emphasized only some sanctions need congressional approval.
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Real Clear Politics broke the news in Chicago, United States on Thursday, June 18, 2026.
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