Vance rejects claims Trump-Iran deal echoes Obama-era logic as hawks raise alarm

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. The G7 Summit sees President Donald Trump unveil details of a new Iran peace deal, threatening 'ultimate consequences' if the regime reneges on its nuclear commitment. Vice President JD Vance elaborates on the agreement, asserting Iran will receive no American funds. He highlights the decimated Iranian military and industrial base, emphasizing Iran's inability to develop or buy nuclear weapons as a key success of the negotiations. Vice President JD Vance is pushing back on comparisons between the emerging Trump-Vance Iran pact and claims that the agreement, released Wednesday, bears too much resemblance to President Barack Obama’s nuclear deal. Critics pointed to Vance’s defense of the memorandum of understanding to reopen the Strait of Hormuz — the details of which were released by the administration — under which Iran would receive economic benefit