Vice President JD Vance says the United States has signed a preliminary agreement with Iran intended to address the opening of the Strait of Hormuz and related concerns. In comments reported by multiple outlets, Vance says the full text of the deal will be released later this week. He also describes elements of the agreement, including language about how funds tied to any arrangement would work and conditions that must be met.
Vance further discusses the status of the Strait of Hormuz as part of the broader framework of the negotiations. He also refers to additional components mentioned as part of the understanding, including the potential structure of a reconstruction-related fund and references to Iran’s nuclear weapons.
Both accounts emphasize that Vance is providing an update ahead of the expected publication of the agreement’s text. The reports do not provide the full terms, and they present Vance’s remarks rather than independently confirming specific provisions beyond his stated positions.