# What are the details on the $300,000,000,000 to Iran?

**URL:** <https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002>\
**Category:** Politics & Elections\
**Tags:** trump\
**Created:** [June 18, 2026, 2:48pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002 "2026-06-18T14:48:19Z")\
**Posts on this page:** 18\
**Page:** 5

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**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\
**Post date:** [June 23, 2026, 3:57pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/81 "2026-06-23T15:57:18Z")

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> [@Exapno\_Mapcase](#):
>
> You’re correct about its legal meaning in our normal legal system. But this is a memorandum of understanding outside the legal system. If a party fails to follow the undertaking, the court has remedies to punish violators. There is no court, no outside or higher power, here to do so. If you make a promise without any fear of consequences for breaking it, weaseling is a perfectly cromulent word to describe what you’re doing, especially if it occurs in the middle of a weasel’s den.

I still disagree. Let’s say you and I write down the following: _I, Little Nemo, will sell my car to you, Exapno Mapcase, for ten thousand dollars._ and we both sign this agreement.

But then when we meet and you hand me the ten thousand dollars, I jump back in my car and drive away.

I didn’t use some clever weasel words like “sell” and “car” and “ten thousand dollars”. I just lied and then stole your money. And the police aren’t going to listen when they show up at my door and I try to tell them I have my own interpretation of what those words mean.

But let’s say when you called the police to report I robbed you, they say that my dad is the mayor and he’ll fire any police officers who try to arrest me.

So I broke the law but I will face no consequences for breaking the law because there’s nobody who can punish me. This doesn’t mean I was clever and I outsmarted you.

And not being smart brings us back to Trump. He didn’t outfox Iran. He just promised to do something and then broke his promise. But he’ll get away with it.

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**Author:** ![Pleonast](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pleonast/32/1183_2.png) [@Pleonast](https://boards.straightdope.com/u/Pleonast)\
**Post date:** [June 23, 2026, 4:10pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/82 "2026-06-23T16:10:26Z")

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> [@Little\_Nemo](#):
>
> And not being smart brings us back to Trump. He didn’t outfox Iran. He just promised to do something and then broke his promise. But he’ll get away with it.

The consequences are still undetermined. But Iran is not stupid. They’ll close the Strait whenever they think it’s to their advantage.

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [June 23, 2026, 6:55pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/83 "2026-06-23T18:55:57Z")

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> [@Little\_Nemo](#):
>
> Let’s say you and I write down the following: _I, Little Nemo, will sell my car to you, Exapno Mapcase, for ten thousand dollars._ and we both sign this agreement.

More like " I, Little Nemo, will agree to come up with _a plan_ to sell my car to you, Exapno Mapcase, for ten thousand dollars."

Never mind " Undertake " the operative word is PLAN.

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**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\
**Post date:** [June 23, 2026, 8:58pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/84 "2026-06-23T20:58:49Z")

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> [@Pleonast](#):
>
> The consequences are still undetermined. But Iran is not stupid. They’ll close the Strait whenever they think it’s to their advantage.

As I’ve said, I feel the benefit Iran will gain out of Trump not paying up is that will be able to say that the United States reneged on their end of the agreement and therefore Iran is free to develop nuclear weapons.

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**Author:** ![steronz](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/steronz/32/11765_2.png) [@steronz](https://boards.straightdope.com/u/steronz)\
**Post date:** [June 23, 2026, 9:03pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/85 "2026-06-23T21:03:23Z")

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Like Bart Simpson said, “I can’t promise that I’ll try. But I’ll _try_ to try.”

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [June 23, 2026, 9:27pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/86 "2026-06-23T21:27:17Z")

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> [@Little\_Nemo](#):
>
> As I’ve said, I feel the benefit Iran will gain out of Trump not paying up is that will be able to say that the United States reneged on their end of the agreement and therefore Iran is free to develop nuclear weapons.

The US never promised to pay up. We have said this over and over.

> [@steronz](#):
>
> Like Bart Simpson said, “I can’t promise that I’ll try. But I’ll _try_ to try.”

😀 LOL

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**Author:** ![DeadTreasSecretaries](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/deadtreassecretaries/32/4817_2.png) [@DeadTreasSecretaries](https://boards.straightdope.com/u/DeadTreasSecretaries)\
**Post date:** [June 23, 2026, 9:43pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/87 "2026-06-23T21:43:00Z")

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> [@DrDeth](#):
>
> Never mind " Undertake " the operative word is PLAN.

The operative word is “Hormuz”. If Iran decides too much money is going to some Jared Kushner scheme they’re going to back out and close the strait. There’s no need to scrutinize the details to this degree.

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**Author:** ![Chronos](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chronos/32/134_2.png) [@Chronos](https://boards.straightdope.com/u/Chronos)\
**Post date:** [June 23, 2026, 9:55pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/88 "2026-06-23T21:55:19Z")

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> [@DrDeth](#):
>
> The US never promised to pay up. We have said this over and over.

What the agreement actually says is irrelevant. What matters is what the nations involved can spin it as. And the deal, such as it is, gives Iran a lot of room for that.

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**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\
**Post date:** [June 23, 2026, 11:10pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/89 "2026-06-23T23:10:44Z")

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> [@DrDeth](#):
>
> The US never promised to pay up.

According to you.

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**Author:** ![Exapno\_Mapcase](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/exapno_mapcase/32/1051_2.png) [@Exapno\_Mapcase](https://boards.straightdope.com/u/Exapno_Mapcase)\
**Post date:** [June 23, 2026, 11:51pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/90 "2026-06-23T23:51:24Z")

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> [@DeadTreasSecretaries](#):
>
> The operative word is “Hormuz”. I

Right. Didn’t our narcissistic POTUS say he wanted to call the waters Trump Strait? Gotcha MOU.

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**Author:** ![Fiendish\_Astronaut](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/fiendish_astronaut/32/3295_2.png) [@Fiendish\_Astronaut](https://boards.straightdope.com/u/Fiendish_Astronaut)\
**Post date:** [June 24, 2026, 12:29am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/91 "2026-06-24T00:29:18Z")

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I wonder if this whole escapade is USAs Suez Canal moment?

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**Author:** ![PhillyGuy](https://avatars.discourse-cdn.com/v4/letter/p/ed655f/32.png) [@PhillyGuy](https://boards.straightdope.com/u/PhillyGuy)\
**Post date:** [June 24, 2026, 12:40am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/92 "2026-06-24T00:40:40Z")

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U.S. taxes are not going to fund the Iranian government.

But U.S. taxpayers – at least the ones who drive gasoline powered vehicles – will be unable to avoid it:

[Bulwark: Thanks to Trump You Can Now Fill Your Car with Iranian Gasoline!](https://www.thebulwark.com/p/thanks-to-trump-you-can-now-fill)

> [@](#):
>
> Trump has agreed to let Iran sell oil _to America_. . . .
> 
> Trump is so desperate to get gas prices down that he’s maximizing the flow of oil globally and he doesn’t care who makes money off of it. Which means that even here, it’s the Iranians who have leverage over Trump. Trump needs their oil in the global supply market more than they need cash.

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [June 24, 2026, 12:44am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/93 "2026-06-24T00:44:46Z")

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> [@Little\_Nemo](#):
>
> According to you.

According to how the deal was worded.  
_The United States of America undertakes, with regional partners, to develop a definitive mutually agreed plan with at least USD 300 Billion, for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of final Deal within 60 days. All required licenses, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America._

We agreed to develop a plan, with regional partners.  
It is a non-binding Memorandum of Understanding

> **[How Trump's Preliminary Deal with Iran Compares with His Rhetoric -...](https://www.factcheck.org/2026/06/how-trumps-preliminary-deal-with-iran-compares-with-his-rhetoric/)**
>
> President Donald Trump signed a preliminary agreement to end the war with Iran on June 17. But some of what is included in the framework -- or not -- is at odds with what Trump said about a potential deal prior to approving the memorandum of...

> The agreement further says, “The United States of America undertakes, with regional partners, to develop a definitive mutually agreed plan with at least USD 300 Billion, for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of final Deal within 60 days.”
> 
> But Trump initially denied that the fund was part of the deal during a [June 17 press conference](https://rollcall.com/factbase/trump/transcript/donald-trump-remarks-bilat-el-sisi-egypt-g7-summit-france-june-17-2026/#29) with the Egyptian president in France.
> 
> “Well, it’s false,” Trump said in response to a reporter who asked about the $300 billion fund, which was [mentioned in a draft](https://ktxs.com/news/nation-world/read-the-full-14-point-draft-agreement-between-the-us-and-iran-ceasefire-strait-of-hormuz-oil-prices-nuclear-weapons-tehran-memorandum-of-understanding-president-donald-trump) of the memorandum of understanding that had been leaked to members of the press.
> 
> “It’s false. People, you can invest if you want. What am I going to do, say nobody’s ever allowed to invest? We’re not invest[ing]. We’re not putting up 10 cents. People can decide to do that, but that’s up to them,” Trump said. “We are not investing in it, and we do not have a fund.”
> 
> While the memorandum of understanding says that the U.S. will help develop the plan for the $300 billion, and grant all “required licenses, waivers and permissions needed for the relevant financial transactions,” Trump and Vice President JD Vance have insisted that none of the money intended for Iran’s reconstruction and economic development will come from U.S. taxpayers.

> **[Fact-checking Trump on $300 billion fund for Iran](https://www.politifact.com/article/2026/jun/22/trump-iran-300-billion-fund/)**
>
> President Donald Trump said that the U.S. will not pay $300 billion for Iran’s reconstruction. Here’s what we know, and what is based on anonymous reports.

> Although [numerous](https://www.bbc.com/news/articles/c4gy700j0eko) [news](https://www.nytimes.com/2026/06/17/us/politics/us-iran-agreement-deal-text.html) [organizations](https://www.npr.org/2026/06/18/nx-s1-5863027/us-iran-trump-memorandum-of-understanding-full-text) published a memorandum of understanding between the U.S. and Iran, they said it was given to them by a source or senior U.S. official who provided it on condition of anonymity.

So we arent even sure if that was the real final wording.

> When a reporter [asked Vice President JD Vance on June 18](https://youtu.be/5Vcy3uKgrWM?t=2428) who would fund the $300 billion, Vance said, “There is a great desire from the Arab world and from outside the Arab world to actually get involved in Iran if they behave properly.”
> 
> He cited the United Arab Emirates as an example. If the country wanted to invest in building a power plant, “that actually is impossible right now because of the way that U.S. sanctions work,” Vance said. “And so what we’re saying is that if you behave, and if the Emiratis themselves want to build a power plant, then we will do the sanctions relief necessary to make that possible.”
> 
> He said he assumed private money would play a role, but even that “assumes a transformation in Iranian behavior.”
> 
> Reuters cited an anonymous source when it [reported](https://www.reuters.com/business/finance/iran-deal-includes-300-billion-fund-more-than-half-which-already-committed-2026-06-16/) June 17 that half of the fund had already been committed as “a private investment vehicle” involving no government money or grants.

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<div class="post-metadata">

**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [June 24, 2026, 12:50am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/94 "2026-06-24T00:50:56Z")

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> [@PhillyGuy](#):
>
> U.S. taxes are not going to fund the Iranian government.
> 
> But U.S. taxpayers – at least the ones who drive gasoline powered vehicles – will be unable to avoid it:

Now wait a minute- when I pointed the US has enough oil for domestic uses, someone said that doesnt matter, as oil is fungible (true) and when oil prices go up due to international issues- our oil prices go up also (also true, sadly). So, Iran oil is gonna ship oil 6000 or 7000 miles to us, when we can get it from either internally, or Canada, Mexico and Brazil (like we usually do)?? I mean I know we export domestic light crude and import heavy crude, but this is kinda nuts.

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**Author:** ![PhillyGuy](https://avatars.discourse-cdn.com/v4/letter/p/ed655f/32.png) [@PhillyGuy](https://boards.straightdope.com/u/PhillyGuy)\
**Post date:** [June 24, 2026, 1:09am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/95 "2026-06-24T01:09:06Z")

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> [@DrDeth](#):
>
> So, Iran oil is gonna ship oil 6000 or 7000 miles to us, when we can get it from either internally, or Canada, Mexico and Brazil (like we usually do)?? I mean I know we export domestic light crude and import heavy crude, but this is kinda nuts.

OK, that is a weakness of my post.

Maybe there will be some shipped to the U.S. on tankers, coming to the U.S. to pick up a specialized refined product, that would otherwise be empty. Or maybe there is some specialized product unavailable in this hemisphere. I, and probably the Bulwark writer as well, do not really know.

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [June 24, 2026, 7:08pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/96 "2026-06-24T19:08:37Z")

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> [@PhillyGuy](#):
>
> OK, that is a weakness of my post.
> 
> Maybe there will be some shipped to the U.S. on tankers, c

Since oil is fungible, the US will get the benefit of cheaper Iran oil, sure. But maybe not directly oil to the US.

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**Author:** ![Horatius](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/horatius/32/3572_2.png) [@Horatius](https://boards.straightdope.com/u/Horatius)\
**Post date:** [June 26, 2026, 5:31am UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/97 "2026-06-26T05:31:14Z")

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> [@DrDeth](#):
>
> He said he assumed private money would play a role, but even that “assumes a transformation in Iranian behavior

So it’s Trump, spending other people’s money, as usual. A hollow promise from an empty suit.

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<div class="post-metadata">

**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\
**Post date:** [June 26, 2026, 12:45pm UTC](https://boards.straightdope.com/t/what-are-the-details-on-the-300-000-000-000-to-iran/1031002/98 "2026-06-26T12:45:47Z")

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> [@Horatius](#):
>
> So it’s Trump, spending other people’s money, as usual. A hollow promise from an empty suit.

A concern is that it isn’t a hollow promise. Somebody speculated that Trump could announce that his plan is a program of guarantees for private investors. The maga idiots could all proclaim that Trump made a deal with all private investment. And Trump’s billionaire cronies could dump money into Iran, knowing that when Iran kept the money, the United States government would repay them with interest. So Iran and billionaires would benefit while American taxpayers have to pay the cost.

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