Us Vice President JD Vance has taken note of speculation surrounding a potential memorandum of understanding between Washington and Tehran, providing some clarification on the possible agreement and dispelling “fake information”.

“First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” he writes on X.

“The deal is structured to ensure that the US and its allies’ concerns are prioritised, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region.”

He adds, “This deal has the potential to remake the region and lead to lasting peace.”

Vance notes “a couple of bizarre things” in reporting on the potential deal, noting that commentators who dubbed US President Donald Trump as “historic” were “criticising a deal based on unconfirmed media reports”.

“Second, people who say you can’t trust a word said by the IRGC, who apparently believe anonymously sourced social media posts,” he adds. “The president is going to get us a good outcome, one way or the other.”