President Donald Trump claimed that the ceasefire terms reported by Iranian state media on Friday were “fake news” and denied offering any monetary compensation to Tehran to secure its cooperation in ending the war.
Iranian state media began circulating a 14-point ceasefire agreement Friday morning that included more than $300 billion being paid out to Iran. Some of that, $24 billion, was Iranian assets frozen by international banking institutions, while the remaining $300 billion was to be paid by the United States as reparations for damage caused by months of airstrikes.
