JD Vance Calls US-Iran Ceasefire ‘Fragile:’ Why It Matters For Exxon, Chevron

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Vice President JD Vance isn’t selling peace. Speaking in Budapest Wednesday, Vance called the U.S.-Iran agreement “a fragile truce,” warning that some Iranian officials are “lying about even the fragile truce that we’ve already struck.”

“The president of the United States is not one to mess around,” Vance added. “He’s impatient. He’s impatient to make progress.”

Trump’s ceasefire announcement had hammered the sector before Vance spoke. Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) fell more than 6% as West Texas Intermediate crude tumbled more than 17% …

Full story available on Benzinga.com

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