Vance denies that Iran will receive 'billions of dollars of assets' in deal

Updated on: June 15, 2026 / 1:14 PM EDT / CBS News

Vance denies that Iran will receive 'billions of dollars of assets' in deal

TL;DR

  • Vice President JD Vance denies Iran will receive billions of dollars in assets from a U.S.-Iran deal.
  • Vance states Iran's future prosperity depends on meeting agreement obligations and nuclear program commitments.
  • Iran's Revolutionary Guard claimed the deal would provide $24 billion in frozen funds.
  • Vance asserts the $24 billion figure is not in the discussed texts and that the U.S. is open to discussing asset unfreezing as part of a larger economic sanction relief.
  • The Trump administration plans to release the full text of the agreement this week.
  • The deal aims to ensure Iran never has a nuclear weapon and opens the Strait of Hormuz.
  • The U.S. may play a role in verifying the destruction of Iran's enriched stockpile.
  • Vance did not rule out the possibility of U.S. military forces ensuring Iran's compliance but believes they won't be necessary.