From the Liveblog of
Friday, June 12, 2026
US Vice President Vance says Iran will only get funds if it complies with the deal
Add ToI as a Preferred Source on GoogleJacob Magid is The Times of Israel's US bureau chief
Vice President JD Vance says on Friday that funds wiill not be released to Iran for signing a deal with the US or attending a meeting, adding that the potential deal is structured to ensure that economic benefits would flow to Tehran if it meets its obligations.
“First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” the vice president wrote on X.
Iran is slated to receive up to $24 billion in sanctions relief if it complies with the deal.
“The deal is structured to ensure that the US and its allies’ concerns are prioritized, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region,” Vance adds.
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. The deal is structured to…
— JD Vance (@JDVance) June 12, 2026
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