Vance Calls Iran Ceasefire 'Fragile Truce'

U.S. Vice President JD Vance described the U.S.-Iran-Israel temporary cease‑fire as a “fragile truce” during a Hungary event.
The two‑week cease‑fire follows a U.S.-Iran deal, with Trump promising to aid Hormuz traffic and citing a 10‑point Iranian proposal.
Iran’s foreign minister said Tehran would cease defensive ops and allow safe passage through the Strait of Hormuz under military coordination.
Brent crude fell below $100/barrel as markets reacted to the cease‑fire, while Asian indices rose on hopes of eased oil supply risks.