WASHINGTON, June 15 (Reuters) - U.S. Vice President JD Vance said on Monday that he hopes text of an agreement to halt the war in Iran and open the Strait of Hormuz will be released this week, as further negotiations over the deal's details were set to continue.In an interview on CNBC, Vance also said the United States expects the economically vital waterway would be open without tolls on a long-term basis."Our expectation is that the Strait is going to be opened in a toll-free way for the long-term," he said.

Trump is greatly exaggerating his accomplishments in the Iran deal, according to his own vice president.

The U.S. and Iran have issued conflicting statements on how the Strait of Hormuz will be managed.

"The agreement is fundamentally built around a two-step verification process."

WASHINGTON, June 15 (Reuters) - U.S. Vice President JD Vance said on Monday that he hopes text of an agreement to halt the war in Iran and open the Strait of Hormuz will be…

VP Vance confirms the Strait of Hormuz will reopen toll-free under a US-Iran deal, ending crypto-based shipping fees of up to $2M per vessel in Bitcoin and

Speaking on CNBC, Vance underscored the United States' expectation that the economically vital waterway would remain open

A significant agreement to end the war in Iran and reopen the vital Strait of Hormuz is anticipated this week. US Vice President JD Vance expressed optimism for the deal's…

When discussing Israel's involvement in the agreement, Vance noted, “I believe there are elements in Israel who like the agreement.”

Vice President JD Vance tempered expectations set by Donald Trump that the Strait of Hormuz will be 'permanently toll-free.'

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WASHINGTON: US Vice President JD Vance said on Monday that no funds would be released to Iran in exchange for signing an agreement to halt the war and open the Strait of Hormuz…

Vice President JD Vance is expected to head to Europe later this week to sign a memorandum of understanding with Iran.

WASHINGTON: The United States and Iran have signed a memorandum of understanding to settle a near four-month war, senior US officials said on Monday (Jun 15), adding that a…

VP Vance says the US-Iran deal was digitally signed June 14, with full text coming this week. The agreement reopens the Strait of Hormuz and extends a

WASHINGTON — The United States and Iran have signed a memorandum of understanding to end a near four-month war, senior U.S. officials said on Monda...

Vice President JD Vance spoke to ABC News' "Good Morning America" on Monday.

The agreement is expected to be formally signed on Friday in Switzerland.

According to the vice president, the US expects that passage through the waterway will remain free after the final version of the agreement is concluded

JD Vance says the full text of the US-Iran peace agreement could be released before Friday. Bitcoin surged past $65,800 on the news.

Follow The Hindu LIVE for the latest updates on the war in West Asia, as Washington and Tehran have announced a deal to end the conflict in the region.