Posted on 06/15/2026 9:35:10 AM PDT by Miami Rebel
Ed O’Keefe, CBS News’ senior White House and political correspondent, spoke with Vice President JD Vance on Monday morning and pushed him on whether or not Iran’s claim that it will have access to $300 billion for reconstruction from the Trump administration’s peace deal is accurate.
“Walk through some of this. The Iranians are saying that they’re gonna have access to a $300 billion reconstruction fund, true or false?” O’Keefe began.
“Well, Ed, that’s the sort of thing they could have access to, funded by the Gulf coast coalition, so long as they honor their end of the obligation. I think that one of the things you’re going to see, Ed—and people have to be skeptical of this—is that the hardliners in the Iranian system will overemphasize the benefits that Iran gets, while underemphasizing all the things that they have to concede and all the things they have to provide in order to get these benefits,” Vance replied, adding:
So we absolutely are open to the Gulf coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and is really open to an inspections and enforcement regime that gives the American people confidence they’re never gonna have a nuclear weapon. So I think the dance you’re gonna see, Ed, which is gonna be interesting, is the Iranian media, especially the hardline media, they’re gonna talk a lot about what they get without talking about what they give. It’s important for all of us to correct that record.
Vance was later on CNBC, where he was also pressed on a key sticking point in the negotiations, whether or not Iran will be able to put a toll on commercial vessels sailing through the Strait of Hormuz.
Anchor Becky Quick asked Vance, “For now, they are saying that they will reopen the strait. The United States is saying it will take down its blockade at the same time, that there will be free passage, that no one will have to pay anything to go back and forth through this. The Iranians, I think, have suggested that this is just for the next 60 days. Do you get the sense that this is a more permanent situation, where the straits will be reopened even beyond that 60-day period?”
“Well, our expectation is that the strait is gonna be opened in a toll-free way for the long term, and that’s the sort of thing that we’re gonna figure out in these technical negotiations. You know that there are a lot of very important details to figure out, that we’re actually gonna sit at the table and discuss together and figure out a path forward on these details,” Vance replied, making clear the status of the Strait of Hormuz was still being finalized.
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Jim
That is also an excellent question.
Pretty sure that Russia, Chine, Pakistan, or someone else will sell them a nuke for that kind of money...
“I think the Dems taking control of Congress sounds much, much, much worse.”
I VERY strongly agree. But I’m not sure there were only 2 choice: give in, or lose control of Congress.
The Gulf states like to pay off their enemies vs fighting them.
“The Gulf states like to pay off their enemies vs fighting them.”
Right! They will pay for this 300 billion dollar Iran reconstruction fund .... That is actually an IRGC don’t fire rockets and missile at my oil/gas infrastructure fund. An IRGC don’t blockade my oil tankers fund
One must realize that these Arab maggot’s are crazy from the sun. Brains that have been sun baked for centuries. Where do you think their false prophet Muhammed came up with all his crazy shit.
Exactamundo. The “negotiating” delay has been about determining the size of the bribe Iran gets to open the straight. Now this can is going to kicked down the road ad infinitum because Trump just isn’t interested in policy. He’s alrady back on a tariff on French wine, then we have invading Greenland on the menu too, etc., etc.
The $12 billion bribe Iran is getting to reopen the straight of Hormuz is coming from “sanctions relief.” The exact same place Obama’s famous pallets of cash to Death to America Iran came from. Are we tired of losing yet?
This is just one element of what the great victory looks like.
America is facilitating the unfreezing of billions in dollars in assets in return for opening a strait which was open before the war began. We can get cute with words and say that’s not “paying Iran” directly from our coffers, but we’re allowing them to load up on cash in exchange for making a problem go away.
Prove it.
Or we can get cute saying selling oil is the same as receiving planeloads of cash from US banks. Two can play that game and apparently are depending on which side they are pulling for.
So, they’ve agreed to a US contractor excavating the uranium and disposing of it?
If so, this is paying tribute.
Any outcome that leaves the Islamic Republic regime in power means the war isn't over, even if we pay the to be nice for a while.
Seems like since Jim passed, this site has turned 180 degrees.
If Vance meant the Gulf Cooperation Council, that’s just the Arab nations.
$300 billion is $300 billion. And if you believe that’s all going to “reconstruction” then I’ve got a bridge to sell you.
How about you actually read the final agreement before you spray it with cold water. Are you Iranian?
A fraction of 300 billion can easily buy a lot of enrichment equipment, drones and ballistic missiles. Quite a lot.
You want a rearmed Iran? You’ll get it.
Are you going to hold yourself to that same standard before taking a victory lap?
You mean rooting for Trump and America?
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