Trump calls Iran deal a 'victory,' denies $300 billion payment as 'fake news'

President Donald Trump declared the agreement reached with Iran to cease hostilities a "victory" for the United States, pushing back against criticism from within his own party. He vehemently denied reports of a $300 billion payment to Iran, dismissing them as "fake news" and asserting that the deal solely benefits the U.S. through success, lower oil prices, and a stronger stock market.

Trump made these remarks on his social media platform, Truth Social, attributing the criticisms to the Democratic opposition. He reiterated his stance that the only outcomes for the U.S. are success, reduced oil prices, and victory, urging observers to look at the stock market performance.

The memorandum of understanding with Iran, signed by Trump, reportedly includes a $300 billion investment plan for Iran's reconstruction and the release of $24 billion in Iranian funds frozen by sanctions. However, U.S. sources indicate that the funds would be financed by Middle Eastern countries, with the U.S. role limited to easing sanctions to facilitate necessary economic transfers.

Vice President JD Vance defended the agreement at a press conference, addressing criticism from the Republican party's hardline faction. Vance assured that Iran would not receive any direct funds from the United States and would only see economic benefits if it adhered to the terms of the agreement.