Administration

Vance: Iran will get no cash from deal with US

ran will get no cash from deal with US Vance - Vice President Mike Pence has publicly refuted reports suggesting Iran would receive financial benefits from a

Desk Administration
Published June 13, 2026
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Vance: Iran will get no cash from deal with US

Vance – Vice President Mike Pence has publicly refuted reports suggesting Iran would receive financial benefits from a potential agreement with the United States. In a statement released on Friday, he clarified that the proposed deal does not include immediate cash transfers to Tehran, emphasizing that economic advantages will only materialize if the Islamic Republic fulfills its commitments.

The deal, which aims to resolve tensions over Iran’s nuclear program, was initially discussed in media outlets following leaks from Tehran. Pence reiterated that the agreement’s structure prioritizes U.S. and allied interests, ensuring that any financial concessions are contingent upon Iran’s compliance with the terms.

Details Leaked and Disputed

According to an Axios report, the deal could include provisions to reopen the Strait of Hormuz and temporarily lift sanctions on Iranian oil for 60 days. This would occur during a prolonged ceasefire, allowing for a period of economic relief for Iran. However, Pence contested these details, asserting that such financial incentives are not guaranteed and that the agreement’s framework is designed to safeguard American interests first.

The New York Times also cited sources that claimed the deal would establish a $300 billion reconstruction investment fund for Iran. This provision, if true, would provide significant economic aid to the country, potentially easing regional tensions. Yet, Pence dismissed these claims, stating that Tehran would not receive funds solely for participating in negotiations or attending meetings.

Senator Graham’s Criticism

Senator Lindsey Graham of South Carolina expressed skepticism about the reported reconstruction fund, labeling it as “tone deaf” in a social media post. He compared the idea to a Marshall Plan for Germany under Nazi rule, suggesting that providing Iran with substantial financial support while its nuclear ambitions remain unchecked would be a strategic misstep.

Graham’s comments align with the administration’s broader stance that Iran’s compliance must be verified before any economic benefits are extended. He argued that the proposed deal’s details, if accurate, could inadvertently bolster Iran’s position in the region, undermining U.S. objectives.

Progress Toward Finalization

A U.S. official told NewsNation on Friday that the two sides are approximately 75% through the process of finalizing the agreement. The official highlighted that the deal would include measures to ensure the Strait of Hormuz remains open, prevent Iran from acquiring nuclear weapons, and cut off its financial support for terrorist organizations.

While the deal is still under review, the official expressed confidence that a final agreement would be reached within the coming days. This progress comes amid ongoing discussions about how to balance economic incentives with security concerns, a central theme of the administration’s approach to negotiations.

Iran’s Position and Transparency

Iranian Foreign Minister Abbas Araghchi stated in a social media post that the two countries have never been closer to reaching an agreement. He urged the media to avoid speculation until the deal is finalized, emphasizing Iran’s commitment to transparency in the process.

Araghchi noted that all final details would be made public once the agreement is approved, assuring stakeholders that the terms are being negotiated responsibly. His comments reflect Iran’s diplomatic efforts to present the deal as a mutually beneficial arrangement, despite U.S. officials’ reservations.

Key Provisions and Strategic Implications

The proposed agreement’s core elements include provisions to reopen the Strait of Hormuz, a critical maritime chokepoint for global oil trade. This would alleviate concerns about potential blockades and ensure the free flow of energy resources. Additionally, the deal seeks to extend a temporary ceasefire, allowing for a period of de-escalation in the region.

Another key component is the stipulation that Iran must meet its obligations before economic benefits are released. This could involve verifications of its nuclear activities, reductions in military capabilities, or commitments to regional cooperation. The structure of the agreement aims to prevent Iran from exploiting temporary relief as a means to strengthen its position in the region.

Pence underscored that the deal’s ultimate goal is to transform the geopolitical landscape in the Middle East. He argued that if Iran adheres to the terms, the agreement could pave the way for lasting peace and economic stability. However, he warned that failure to meet these conditions could result in continued sanctions and economic pressure on Iran.

Public Assurance and Confidence

In conclusion, Pence concluded his Friday morning post by expressing confidence in President Trump’s ability to secure a favorable outcome for the United States. He noted that regardless of the deal’s specifics, the administration is committed to achieving a result that aligns with national security and strategic interests.

The agreement, once finalized, would mark a significant shift in U.S.-Iran relations, potentially reducing hostilities and fostering cooperation. However, the success of the deal hinges on Iran’s willingness to compromise and demonstrate accountability for its actions. As negotiations continue, the focus remains on ensuring that the final terms reflect the priorities of the U.S. and its allies while offering Iran a path toward economic recovery and political stability.

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