Vice President JD Vance said Wednesday on “CBS Mornings” that the text of the U.S.-Iran deal would be released Friday “at the latest,” adding that the White House is pushing to release it sooner. Vance said Qatari and Pakistani negotiators, who helped mediate the agreement, “asked us not to release the full text for a little while.”
“We’re actually trying to push them to get it out today, because we want to tell the American people what’s in this deal,” Vance said.
The vice president called it “a good deal for the American people,” and said he had seen it being misrepresented.
Vance said the agreement would reopen the Strait of Hormuz “immediately” and provide a framework “whereby if the Iranians give us what we need on stopping the funding of terrorism, on no longer pursuing a nuclear weapon, then they can get some benefits, be reinvited into the world economy.”
“When I say benefits, I’m talking about sanctions relief on their economy,” he said. “We’ve destroyed their nuclear program, but one of the things the president is trying to do is give them the incentive not to try to rebuild that program for the long haul.”
Pressed on whether the deal includes reconstruction financing of at least $300 billion for Iran, along with the release of all of Iran’s frozen financial assets, as some reports have claimed, Vance said “none of those things flow to Iran unless Iran fundamentally changes how it behaves with the world.”
“What the president is really saying is, if Iran fundamentally transforms how it deals with the United States and the region, the rest of the world, then Iran can get some economic benefits,” said the vice president.
On gas prices, Vance said he expects prices to come down “a lot more” over the next few weeks.
“We really do think, as the president said, this was a short-term increase in prices,” he said. “We understand it caused a lot of disruption, there are a lot of American families who are struggling, but this is not a long-term change.”
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