Trump Orders Vance to Shift From Iran Talks to Corruption
President Donald Trump said Thursday the US no longer needs a deal with Iran. He reassigned Vice President JD Vance to target corruption in Democratic-led cities and states.
Trump made the announcement in a post on Truth Social.
"We've got their money, Hundreds of Billions of Dollars," Trump wrote.
Oil prices jumped after the post.
On Monday, Trump had cited positive momentum toward a deal.
Why it matters: The post appears to end a diplomatic track Vance had been leading. A Wednesday Wall Street Journal report said Vance was weighing face-to-face talks with a top Iranian security official.
Trump also said the Strait of Hormuz, a key wartime chokepoint, is under US control.
Trump said billions are stolen monthly in Democratic-run areas but offered no evidence.