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Trump, Vance Deny $300 M Iran Aid, Sanctions Stay

6/16/2026

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Story summary
  • U.S. President Donald Trump and Vice President JD Vance gave statements on whether taxpayer money will fund Iran’s reconstruction.
  • Trump posted on Truth Social that a $300 million payment claim is “fake news” and blamed Democrats, while Vance told Fox News’ Sean Hannity provides no funds and permits investment.
  • Vance said no sanctions relief or unfrozen assets have been released and Strait of Hormuz will not reopen until Geneva signing.