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Vance says funds won't be transferred to Iran in exchange for signing deal to halt war

  • U.S. says a framework deal to halt fighting with Iran and reopen the Strait of Hormuz will be signed this week (digitally agreed already, formal signing expected in Switzerland on Friday).
  • Vice President Vance: no frozen Iranian funds will be released just for signing — money only if Iran takes verified steps like eliminating its stockpile of highly enriched uranium.
  • The U.S. expects the strait to be reopened toll-free long-term, though many technical details and links to broader regional issues still need to be worked out.
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