CNBC Transcript: U.S. Vice President JD Vance Speaks with CNBC's "Squawk Box" Today

Today’s CNBC interview with U.S. Vice President JD Vance centers on the Iran deal the administration says will reopen the Straits of Hormuz and curb Tehran’s nuclear ambitions. Vance asserts the agreement immediately restores navigation through Hormuz, with oil prices slipping in the prior 24 hours as traffic increases. He emphasizes a two-step verification framework: Iran can rejoin the world economy only if it honors its commitments, and an enforcement regime will guard its nuclear program. He also contends the United States has previously dismantled Iran’s nuclear capabilities, and the current pact seeks to reconcile reintegration with a long-term zero-nuclear option. The deal is described as a two-step choice for Tehran, contingent on compliance and inspections, with a Friday signing anticipated. The interview aired on Squawk Box this morning, Monday, June 15, 2026, and CNBC will provide video coverage of the discussion.