US-Iran ceasefire news live: JD Vance says US could revert to tougher measures if Iran breaches deal

US President Donald Trump confirmed that Iran has agreed under a new US-Iran memorandum of understanding to never acquire a nuclear weapon, dismissing earlier reports of a $300 billion reconstruction fund for Tehran. Vice President JD Vance clarified that any economic benefits would be tied to Iran fulfilling its obligations, including ending support for militant groups and halting activities destabilizing the region. He also stated that the full agreement text would be released later in the week, with technical negotiations to follow on sanctions relief, nuclear verification, and regional security. Iran’s chief negotiator Mohammad Bagher Ghalibaf celebrated the deal as a 'step toward final victory,' insisting Tehran had not compromised its core interests. The agreement includes a 60-day period for technical talks on IAEA inspections, elimination of Iran’s highly enriched uranium stockpile, and verification of nuclear commitments. Vance confirmed that international nuclear inspectors would return to Iran as part of the framework. Israeli Prime Minister Benjamin Netanyahu acknowledged the US-Iran deal but emphasized that Israel would act based on its own security interests, reiterating its stance that Iran must not obtain a nuclear weapon. Netanyahu claimed Israeli military actions contributed to the conditions leading to the agreement. Republican critics, including Senator Lindsey Graham, former Secretary of State Mike Pompeo, and conservative commentator Marc Thiessen, expressed concerns over the deal’s transparency and potential risks to US and Israeli security. They urged the administration to release the full agreement text, drawing comparisons to the Obama-era Iran nuclear deal, which Trump had previously opposed. Technical negotiations are expected to begin after the formal signing of the accord, with key issues including sanctions relief, nuclear verification, and regional security assurances. The deal remains a contentious diplomatic effort, balancing Trump’s diplomatic breakthrough with skepticism from allies and critics.