The agreement with Iran was digitally signed on Sunday. Hormuz will reopen on Friday, says JD Vance. Trump is attending the G7 summit in Évian-les-Bains, France, and appears confident. Time will tell whether he has reason to be.
Vice President JD Vance says that the United States signed a peace agreement with Iran “digitally” on Sunday, adding that no funds have been released to the regime in Tehran.
Vance made the remarks in an interview with CBS News on Monday morning.
“We signed the agreement digitally yesterday, and no money has been released, nor will that change,” Vance said.
Vance’s comments come amid claims that the agreement will unlock billions of dollars in frozen Iranian assets.
Vance and Trump must strike a balance. If they give the impression that the agreement contains concessions beyond the conditions the United States has consistently insisted upon, they will give Iran room to undermine implementation of the deal.
Vice President JD Vance confirmed that the United States is willing to lift “some” sanctions on Iran, but only if Tehran makes a long-term commitment to abandon its nuclear ambitions.
Vance made the remarks during an appearance on ABC News, saying that any Iranian commitment must include “adequate verification”.
“On the one hand, if they continue trying to rebuild their nuclear programme, this agreement ensures that they will never have the resources to do so. On the other hand, if the Iranians are willing to make a long-term commitment, together with adequate verification that they are giving up the nuclear weapon, then we are willing to welcome them into the global economy, lift some sanctions, and turn a new page in that relationship,” Vance said.
For now, the picture remains unclear. The world is still waiting to see the text of the agreement. If the conditions are pushed far into the future, scepticism will grow.