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J. D. Vance: “About a trillion dollars of damage to their [Iran's]…”

Featuring: J. D. Vance, Republican | Vice President of the United States | National

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Vice President JD Vance Briefs Members of the Media, Jun. 18, 2026

Published | Video Starts at 32:02

Right now the Iranian nation is a nation of 94 million people. Their economy is in a free fall. They have sky high inflation and fundamentally About a trillion dollars of damage to their [Iran's] industrial base was caused over the last three months. the idea that selling a few million dollars worth of barrel, barrels or a few million dollars worth of oil is going to fundamentally transform the Iranian economy. (32:02–32:18)

CLAIM

Asserts that Iran's industrial base suffered approximately a trillion dollars in damage recently.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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