The US vice president has said that Iran could experience “real benefits”, but only if “they fundamentally transform themselves”, according to AlJazeera.

“The agreement is actually very simple. It says one: Iran can’t have a nuclear weapon; two: the Straits of Hormuz are open; and number three: there are all of these benefits contemplated that the Iranians can get, if they behave,” Vance said, in an interview to Fox News.

“If they stop funding terrorism, if they stop supporting the rebuilding of the nuclear arms programme, they actually can get some real benefits. If they don’t do any of that stuff, they don’t get anything,” he said.

“The United States wins either way,” Vance added.