Vice President JD Vance said Monday that Iran could gain access to a $300 billion reconstruction fund under a peace agreement with the United States if Tehran meets its obligations.

Vance Says Fund Depends On Iran Compliance

Asked by CBS News' Ed O'Keefe about the fund, Vance said, "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."

Vance said skeptics should expect Iranian hard-liners to "overemphasize the benefits that Iran gets," while downplaying what Tehran must concede to receive them.

The agreement's conditions have not been released. Senior U.S. officials said details of the memorandum would be issued Tuesday or Wednesday, and the Trump administration said it would publish the full text on Friday.