Vance Says US-Iran Deal Text Will Soon Be Released, Details Need to Be Worked Out

Vice President JD Vance arrives to speak at the U.S. Air Force Academy graduation ceremony, in Colorado Springs, Colo., on May 28, 2026. Matt Rourke-Pool/Getty Images

U.S. Vice President JD Vance on Monday said that text of a deal between the U.S. and Iranian governments to end a months-long war will soon be released, but added that some details need to be worked out.

“I think it’s a great day for the American people, because what this deal does fundamentally is two things. It immediately reopens the Straits of Hormuz. We’re already seeing in the past 24 hours more traffic flow, you see oil prices coming down, but you also have the long-term commitment that Iran will never develop or procure a nuclear weapon,” Vance told CNBC in an interview.