Trump Rejects Iran Fund Report, Contradicting Vance Remarks

Brief By NDTV News / 2:19 PM on 16 Jun 2026

US President Donald Trump dismissed reports claiming a proposed US-Iran peace deal includes a $300 billion reconstruction fund for Iran, calling the story “fake news.” His statement came hours after Vice President JD Vance suggested Iran could gain access to such funds. The conflicting remarks have fueled fresh debate over the details and transparency of ongoing US-Iran negotiations.