Lucknow, India

Iran has agreed to never have a nuclear weapon, says Trump, calls report of US paying $300 million ‘fake news'

Published 16 June 2026 · india

US President Donald Trump on Monday (local time) said that Iran has agreed to “never have a nuclear weapon” as part of the Washington-Tehran peace

US President Donald Trump on Monday (local time) said that Iran has agreed to “never have a nuclear weapon” as part of the Washington-Tehran peace deal to end the war which began on February 28. Trump also called a report that said the US is paying Iran $3 million “fake news, put out by the Dumocrats.” “Iran has agreed to never have a Nuclear Weapon! Also, the story that the U.S. is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats,” Trump said in a post on Truth Social. US-Iran sign peace deal Trump’s comments came hours after the US and Iran signed a preliminary agreement to end the war in the Gulf. Quick answers to key questions • 5 QUESTIONS 1 What agreements did Iran make regarding nuclear weapons as part of the US-Iran peace deal? ⌵ Iran has agreed to never pursue a nuclear weapon as part of the terms outlined in the peace deal between the US and Iran. 2 How will the US-Iran peace deal affect the Strait of Hormuz?

⌵ The peace deal is set to reopen the Strait of Hormuz permanently and toll-free, facilitating increased shipping traffic, particularly oil shipments. 3 What financial commitments are included in the US-Iran peace deal? ⌵ The deal includes a potential $300 billion reconstruction fund for Iran, with the release of a portion of Iran's frozen assets tied to performance during negotiations. 4 Why is the US-Iran peace deal considered significant? ⌵ The peace deal is significant as it aims to end military operations between the US and Iran, prevent further conflict in the region, and address crucial issues such as nuclear proliferation. 5 What will happen during the 60-day negotiation period following the US-Iran peace deal? ⌵ During the 60-day negotiation period, the US and Iran will negotiate a full-scale peace agreement focused on nuclear discussions and sanctions relief. Trump’s comments came hours after the US and Iran signed a preliminary agreement to end the war in the Gulf. Trump, US Vice President JD Vance and Iranian parliament speaker Mohammad Bagher Ghalibaf electronically signed the so-called memorandum of understanding (MoU) on Sunday.

Though the two sides have said that the ceasefire, which was announced in April, will be extended by another 60 days and the Strait of Hormuz will be reopened as part of the deal, key details, including the future of Iran’s nuclear program, the status of Tehran’s frozen assets, and the lifting of sanctions, still remain unclear. $3 million payment to Iran However, a senior Trump administration official said in a call with reporters that the deal would include a possible $300 billion reconstruction fund for the war-battered country, but the release of funds will be "tied to performance." Strait of Hormuz to reopen Earlier in the day, Trump also confirmed that vessel movement through the Strait of Hormuz had resumed as part of the US-Iran peace deal. “Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz. They are going along the Southern “Highway,” which is totally safe, secure, and pristine. There are other areas of travel, also,” Trump said on Truth Social.

US Vice President JD Vance told CNBC there was an understanding with Iran that the strait would reopen "in a toll-free way for the long term, and that's the sort of thing that we're going to figure out in these technical negotiations." Shipping traffic should return to pre-war levels "over the next couple of weeks" but there had already been a "substantial increase in traffic," a US official said. What Iran said on Hormuz toll Though Trump has insisted that the Strait of Hormuz would remain open and free, Iran's foreign ministry said Monday that the deal would allow it to charge maritime service fees on ships, rather than imposing "tolls." What is next for US and Iran? Following the signing of the initial deal on Sunday, the US and Iran will try to hammer out a full-scale peace agreement within the next 60 days.

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