Washington, June 15 -- US Vice President JD Vance on Monday said the Trump administration's agreement with Iran is designed to permanently prevent Tehran from acquiring a nuclear weapon while reopening the strategically vital Strait of Hormuz, signaling a potential turning point in decades of strained relations between the two countries.

Speaking on CBS Mornings, Vance said the administration would release the full text of the accord later this week amid what he called widespread misunderstandings about its provisions.

"What this agreement does is really twofold," Vance said.

"On the one hand, it ensures that Iran will never have a nuclear weapon while simultaneously opening the Strait of Hormuz,"CBS reported.

The agreement, announced b...