Washington DC, June 16 -- US Vice President JD Vance on Tuesday outlined the framework of Washington's emerging agreement with Tehran, asserting that the deal would ensure Iran never acquires a nuclear weapon while opening the door to a potential transformation in relations if the country demonstrates verifiable changes in its conduct.

Speaking to Fox News, he addressed the claims circulating about financial incentives allegedly linked to the deal. Vance dismissed reports that Washington was transferring billions of dollars to Tehran.

"I've seen a lot of misinformation out there. I've seen $24 billion going from the United States to Iran. That number is totally false, totally made up."

He reiterated key pointers from the deal--from the...