Vance says Iran ‘honoring’ peace deal so far as 60-day clock starts

Vice President JD Vance said Thursday that Iran was “honoring” the terms of its preliminary peace deal with Washington — as a 60-day clock started to hash out a final agreement.

Vance touted swift economic relief from plummeting oil prices as he tried to stem a revolt by congressional Republicans fearful that the vague terms of the 14-point memorandum of understanding could strengthen rather than hamstring the anti-American theocracy.

“Last night, 12.5 million barrels of oil into the Strait of Hormuz. That is a high since the beginning of the conflict,” Vance said at a White House briefing.

“Gas prices dropped below $4 a gallon today for the first time since the conflict, and importantly, they’re going to keep falling further, given how low price low oil prices are.”

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