US Draft Deal Includes Financial Incentives for Iran | Balance of Power: Late Edition 06/16/2026

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Iran would be allowed to start oil exports immediately under an interim deal with the US and gain access to a $300 billion economic development program following negotiations for a permanent peace that’s meant to address Tehran’s nuclear activities, according to a draft of their agreement.

Trump to Offer Iran Financial Boost in Peace Deal | Daybreak Europe 6/17/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Iran is set to receive broad financial incentives as part of its agreement with the US, including the right to sell oil immediately, tap a $300 billion development fund and get eventual access to its frozen assets, according to a final draft of the deal seen by Bloomberg. Federal Reserve policymakers are expected to hold interest rates steady on Wednesday, posing an early test for new chairman Kevin Warsh as rising inflation erodes households’ purchasing power and President Donald Trump continues to press for lower borrowing costs. Today's guest: Maurice Levy, Publicis Chairman Emeritus & VivaTech Founder. (Source: Bloomberg)

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Mike Pence scorches Trump's embattled Iran deal on CNN: 'Much bigger than a mistake'

Former Vice President Mike Pence joined the chorus of concern by turning against President Donald Trump's murky Iran war deal.During an appearance on CNN with Kaitlan Collins, Pence spoke about the deal, which is already being attacked by GOP senators and experts alike, and described it as "much bigger than a mistake."Pence decried that Trump gave a "lifeline" to Iran based on what he's heard about the deal so far. The details of the deal still haven't been publicly released, but Pence was concerned by what he's already heard."My concern is what appears to be leaking out," Pence explained. "These immediate concessions, particularly sanctions waivers right out of the gate. That would essentially be a lifeline to the Iranian regime."Pence described waivers for sanctions against Iran as "ill-advised," and said, "We ought to keep the pressure on, keep the blockade on and, if need be, let our armed forces get back to work."When asked whether unfreezing Iran's assets is a defensible move, Pence said that "whether it's a defensible position or not, it is the wrong position," and made it clear he doesn't agree with the decision "to throw a lifeline to the Iranian regime when they are weaker and more isolated than they have ever been in history."

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