Vice President JD Vance said "a lot" of details still need to be negotiated with Iran to formally end the war, but claimed the U.S. holds "all the cards" in the upcoming talks.
Speaking on CNBC's Squawk Box, Vance claimed that the two most important achievements of the deal are reopening the Strait of Hormuz and getting Iran to formally commit to never pursue the development of a nuclear weapon.
Should Tehran abide by its commitments, the country will see the loosening of economic sanctions and the removal of other barriers that will allow it to be "reinvited into the world economy."
Vance went on to say that "there are a lot of very important details to figure out that we're actually going to sit at the table and discuss together and figure out a path forward on these details."
"They want access to an unsanctioned economy. We've talked about, 'OK, we're open to that,' but that would require a long-term commitment to the inspection and verification regime that I just talked about," he added, referring to a mechanism to make sure that the country is not pursuing a nuclear weapon. "A lot of these details are going to be figured out during those 60-day talks," he said.
Other potential challenges remain. Israeli Defense Minister Israel Katz said the country won't withdraw from seized Lebanese territory despite the tentative agreement.
Speaking to press after the deal was announced, Katz also warned that if Iran attacks Israel in retaliation for strikes in Lebanon, it will respond "with full force" and won't relent on its goal "despite all the existing pressures and those that will still come."
David Mencer, spokesman in Prime Minister Benjamin Netanyahu's office, said the country and the U.S. remain fully aligned on the goal to prevent Iran from acquiring a nuclear weapon, but noted that Israel won't tolerate attacks from Hezbollah on its territory. The country has not been involved in negotiations to end hostilities in the region.
Iran repeatedly threatened to walk out of conversations with the U.S. as a result of Israeli strikes in Lebanon, where it is fighting Hezbollah. U.S. President Donald Trump lashed out at Netanyahu on Sunday after new strikes as he sought to close the deal with Tehran. Different reports have claimed that the agreement between the U.S. and Iran includes a ceasefire between Israel and Hezbollah.
