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• Follow the latest updates on the war with Iran here.
What we know so far
• Fragile ceasefire tested: Iran’s Islamic Revolutionary Guard Corps claimed shipping through the critical Strait of Hormuz stopped following what it said was an Israeli ceasefire violation in Lebanon. The White House previously said the ceasefire would continue if the strait stays open.
• Strikes in Lebanon: The Trump administration and Israeli Prime Minister Benjamin Netanyahu said the ceasefire between the US and Iran does not include operations against Hezbollah in Lebanon. At least 182 were killed and hundreds wounded, according to the Lebanese health ministry, after Israel said it carried out the largest coordinated strike on Lebanon since the war began.
• Talks in Pakistan: Vice President JD Vance, special envoy Steve Witkoff and Jared Kushner will go to Islamabad, Pakistan, for Iran talks beginning Saturday. However, the speaker of Iran’s parliament alleged today that parts of Iran’s proposal were violated before the talks even begin.
US military to remain "in place" until full agreement is reached with Iran, Trump says
All US ships, aircraft, weapons, military personnel will remain “in place, in and around, Iran” until a full agreement is reached, US President Donald Trump said in a post to Truth Social late Wednesday.
“If for any reason it is not, which is highly unlikely, then the “Shootin’ Starts,” bigger, and better, and stronger than anyone has ever seen before,” Trump wrote.
Iran must have “NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE,” Trump added.
Negotiations between the US and Iran are set to take place in Islamabad, Pakistan on Saturday.
Trump finished his post by writing: “In the meantime our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest. AMERICA IS BACK”
Iran FM held talks with Saudi counterpart, Tehran says
Iran’s Foreign Minister Abbas Araghchi had a phone call with his Saudi Arabian counterpart Prince Faisal bin Farhan, Tehran’s foreign ministry said on Telegram early Thursday.
The ministers “discussed bilateral relations and regional developments,” Tehran said, without specifying when the call took place.
Saudi Arabian state media said bin Farhan received calls from the foreign ministers of Qatar, the United Arab Emirates, Jordan, and Turkey in a statement Wednesday evening local time, which did not mention Iran.
Some context: Saudi Arabia and Iran are regional powerhouses that have competed for political and economic clout for decades. Underlying that competition are deep divisions among the Sunni and Shiite branches of Islam, practiced by the majority of people in Saudi Arabia and Iran respectively.
Iran and Saudi Arabia restored diplomatic relations in 2023 after a seven-year freeze following Riyadh’s execution of prominent Shia cleric Sheikh Nimr al-Nimr. However, Iran has struck targets in Saudi Arabia, including oil refineries, repeatedly throughout the war.
CNN has reached out to the Saudi foreign affairs ministry for comment.
Satellite imagery shows smoke and fire at critical Saudi oil processing facility hours after ceasefire announced
New satellite imagery provided by the European Space Agency shows large plumes of thick black smoke rising from Saudi Aramco’s vital Abqaiq processing facility following earlier reports of an Iranian attack on Wednesday.
The image was taken on April 8 at around 10:00 a.m. local time (03:00 a.m. ET) just hours after President Trump announced a two-week ceasefire between the US and Iran.
Saudi Aramco’s Abqaiq facility is the world’s largest crude stabilization plant and provides around 5% of global oil supplies, according to the company. The facility processes sour crude oil and processes it into sweet crude oil before it gets transported to both Saudi Arabia’s east and west coast via the East-West Pipeline.
The pipeline is one of two out of the region that bypasses the Strait of Hormuz, where the war in Iran has caused significant trade disruption. Transporting crude across the country connecting Abqaiq, an oil field near the eastern gulf coast, with the Red Sea port of Yanbu, the pipeline has become a crucial part of the nation’s oil export trade since the effective shuttering of Hormuz.
Saudi Aramco declined to comment when contacted by CNN.
This post has been updated with additional information
Asian markets temper the early optimism that greeted Iran ceasefire
Equity markets in Asia are giving up some of their gains made after news of a ceasefire in Iran, as profound uncertainty remains over the future of the agreement and whether ships will be allowed to freely transit the Strait of Hormuz.
On Thursday, Hong Kong’s Hang Seng index opened down 0.6% while China’s Shanghai Composite index declined 0.6% as of 10:15 am local time. South Korea’s Kospi also fell 1.11%, while Japan’s benchmark index Nikkei 225 was trading 0.6% down.
Meanwhile, US West Texas Intermediate crude futures rose 2.6% to $96.89 a barrel and Brent crude futures, the global benchmark, rose 2.1% to $96.75 a barrel.
Thursday’s moves are a slight reversal from the initial market reaction to the two-week ceasefire that US and Iran announced this week. On Wednesday, US crude prices plunged 16.4%, while the Dow had its best day in a year. The two nations are expected to continue negotiations in Islamabad, Pakistan, starting Saturday.
However, the fragile peace has already encountered some snags. Iran’s Islamic Revolutionary Guard said shipping through the Strait of Hormuz had stopped following Israeli strikes in Lebanon, which it considered a violation of the ceasefire agreement.
Historic crisis: The US and Israel’s war against Iran — and the effective closure of the crucial Strait of Hormuz — has caused the biggest oil supply shock on record, choking off roughly 12 million to 15 million barrels of crude oil a day.
Analysts have warned that it will take months for the disruption caused by more than a month of fighting to subside. Meanwhile any further conflict could continue to have an inflationary effect on oil prices, if it leads to physical scarcity, high insurance premiums or additional fees to ensure safe passage of vessels.
Shipping execs cautious on Strait of Hormuz transits amid fragile US-Iran ceasefire
The shipping industry is trying to glean more details on how vessels can safely transit the critical Strait of Hormuz during the two-week US-Iran ceasefire.
“It’s too early to tell,” said Mandarin Shipping Chairman Tim Huxley after the ceasefire was announced. “For sure, some ships will now exit the area but it’s still tense.”
Roberto Giannetta, Chairman of the Hong Kong Liner Shipping Association, is wary of strait crossings because of a lack of security certainty.
“If I were a shipowner or operator stuck in the Persian Gulf, I would wait a few days to see how the US, Israel, and Iran respond to this planned ceasefire. If it looks likely to be sticking, I may try moving my vessels out in the second week, or in a cluster or convoy together with other ships,” he said.
Insurance for the sector remains high. Underwriters see the truce as a positive development overall, but one that carries a number of risks including a lack of clarity over which Iranian authority is in charge of approving the transits, and which ships will cross first in a narrow window of time.
“This is very much a watch and wait situation,” said Simon Kaye, Global Director of Reinsurance for NorthStandard, which provides liability insurance for much of the world’s shipping fleet.
“It can’t be a complete rush to the exits. Each ship needs to get special dispensation to transit the strait. As a result of that, will there be preference for Gulf states, US ships, or anyone else who back-channeled through Tehran?”
“And getting the ships out during a two week period will be very difficult indeed,” Kaye added.
Only three vessels were tracked crossing the strait on Wednesday, according to Lloyd’s List.
According to Marine Traffic data, hundreds of vessels remain trapped in the region including 426 tankers, 34 LPG carriers and 19 LNG ships.
“I do see it as a ‘potential’ good opportunity to get ships OUT of the Persian Gulf,” Giannetta added about the two-week ceasefire deal.
“I’m not so sure that shipping lines will be queuing up to send ships back in.”
Hezbollah fires rockets at Israel in first attack since ceasefire
Hezbollah, Iran’s proxy militia in Lebanon, said early Thursday it fired rockets at northern Israel in response to Israeli ceasefire violations, in its first attack since the deal was reached, Reuters news agency reported.
Israel’s military hammered Lebanon on Wednesday, targeting more than 100 sites in just 10 minutes in its largest coordinated strikes since the war began, according to the Israel Defense Forces (IDF).
At least 182 people were killed in the strikes and nearly 900 wounded, according to Lebanon’s health ministry.
The Trump administration and Israeli Prime Minister Benjamin Netanyahu said the ceasefire between the US and Iran does not include operations against Hezbollah in Lebanon.
However, Iran’s Islamic Revolutionary Guard Corps claimed shipping through the critical Strait of Hormuz stopped following what it said was an Israeli ceasefire violation in Lebanon.
Thailand confirms three sailors missing after Hormuz attack last month are dead
Three crew members of a Thai-flagged vessel that came under attack in the Strait of Hormuz last month have been confirmed dead, the country’s foreign minister said.
The 180-meter-long bulk carrier, Mayuree Naree, was struck on March 11 with 23 crewmen aboard while traveling through the waterway, triggering a rescue mission by the Oman authorities that saved 20 of the crew.
“Unfortunately, the three remaining crew members we found eventually, they lost their lives in the incident,” Thai Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow said in a press conference on Wednesday.
He said he would visit Oman later this month to thank authorities for their rescue efforts and to seek assistance from authorities, who have been in touch with Tehran, in securing safe passage for nine Thai ships still stranded in the strait.
CNN has spoken to a surviving member and the wife of one of the missing sailors.
NATO chief says he understands Trump’s “disappointment” with allies over Iran
US President Donald Trump is “clearly disappointed” with many NATO allies for not supporting the US and Israel’s war on Iran to the extent he wanted, NATO Secretary General Mark Rutte said after meeting with Trump on Wednesday.
Rutte, who described the meeting as a frank and open discussion between “two good friends,” told CNN’s Jake Tapper that he understood the president’s disappointment. But he said he pointed out to Trump that many European nations helped in other ways, including by providing logistics, overflights, basing and other support.
The president, however, continued to lash out at NATO allies following the meeting.
“NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN,” Trump wrote on his Truth Social platform.“REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!!”
Asked ahead of the meeting if the US was still considering withdrawing from NATO, White House press secretary Karoline Leavitt said Trump would likely discuss the matter with Rutte.
Rutte declined to answer whether the president said he would attempt a withdrawal.
“Well, as I said, there is a disappointment, clearly, but at the same time, he was also listening (carefully) to my arguments of what is happening,” Rutte said when pressed on the matter.
Rutte insisted that much of Europe supports the president when it comes to taking out Iran’s capacity to “export chaos.”
In a statement released earlier today, the leaders of a host of European countries welcomed the announcement of a two-week ceasefire between Iran and the United States and said “our governments will contribute to ensuring freedom of navigation in the Strait of Hormuz.”
This post has been updated with additional details.
The latest on Israel's massive strikes across Lebanon and the tenuous US-Iran ceasefire
In the span of 10 minutes, Israel targeted more than 100 sites across Lebanon on Wednesday, the Israel Defense Forces said, describing it as the largest coordinated strikes on the country since the war began.
The strike sites were located in Beirut, Beqaa and southern Lebanon, it added, claiming they were linked to Hezbollah. At least 182 people were killed in the strikes and nearly 900 injured, according to Lebanon’s Health Ministry. The strikes hit “peaceful, unarmed civilians,” Lebanese Prime Minister Nawaf Salam said. CNN reported damages to residential buildings and local businesses
The Trump administration and Israeli Prime Minister Benjamin Netanyahu said the ceasefire between the US and Iran does not include operations against Hezbollah in Lebanon. However, Iran’s Islamic Revolutionary Guard Corps claimed shipping through the critical Strait of Hormuz stopped following what it said was an Israeli ceasefire violation in Lebanon.
Here are the key headlines from the Middle East and on the US-Iran ceasefire:
The White House on the ceasefire details:
- Vice President JD Vance, who will lead the US negotiation team in Pakistan on Saturday, said Israel may “check themselves a little bit” with strikes on Lebanon during the ceasefire.
- Vance restated that if Iran does not follow through on promises to reopen the Strait of Hormuz, the ceasefire will end.
- The vice president also said there were three different 10-point proposals, which have contributed to confusion about what’s forming the basis of negotiations.
- You can also recap White House press secretary Karoline Leavitt’s comments on the ceasefire.
CNN global affairs analyst Brett McGurk breaks down what has happened in the Middle East since the announcement of a ceasefire between the US and Iran, and why he's questioning how much it has changed on the ground.
From Iran:
- Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament, alleged that three clauses of Iran’s 10-point proposal — described as an agreed framework for negotiations — have been violated before talks with the US have even started.
- Meanwhile, an Iranian-backed militia in Iraq threatened renewed action against Israel, also accusing it of violating pledges and targeting civilians in Lebanon.
On gas prices:
- Oil prices fell sharply today after the ceasefire between the United States and Iran took effect, spurring hopes that oil tankers would be allowed to pass through the Strait of Hormuz.
- It will “take some time” before changes to traffic in the Strait of Hormuz are felt by US consumers at the pump, said Tom Kloza, chief energy adviser for major American oil company Gulf Oil.
- Indiana Gov. Mike Braun, a Republican, announced he is suspending the state’s 7% use tax on fuel, which comes to 17.2 cents per gallon in April.
CNN’s Michael Rios, Mohammed Tawfeeq, Dana Karni, Lauren Said-Moorhouse, Kit Maher, Riane Lumer, Adam Cancryn, Donald Judd and Tal Shalev contributed reporting.
Macron condemns "indiscriminate" Israeli strikes in Lebanon
French President Emmanuel Macron condemned what he described today as “indiscriminate” strikes by Israel in Lebanon.
He said he spoke with the Lebanese president and prime minister today and expressed France’s full solidarity in the face of the deadly attacks, which Israel said targeted more than 100 command centers and military sites of the Iranian-backed militant group Hezbollah.
The strikes “pose a direct threat to the sustainability of the ceasefire that has just been reached,” Macron said in a post on X, adding: “Lebanon must be fully covered by it.”
He said he relayed a similar message earlier today to Iranian President Masoud Pezeshkian and US President Donald Trump.
“I told both of them that their decision to accept a ceasefire was the best possible one,” he said. “I expressed my hope that the ceasefire will be fully respected by each of the belligerents, across all areas of confrontation, including in Lebanon. This is a necessary condition for the ceasefire to be credible and lasting.”
Trump said earlier that NATO allies “were tested and failed” when he launched a war with Iran and they did not come to the United States’ aid, according to a statement relayed by White House press secretary Karoline Leavitt.
Only a "trickle" of oil is leaving Strait of Hormuz right now, Gulf Oil adviser says
The chief energy adviser for major American oil company Gulf Oil said any changes to traffic in the Strait of Hormuz will “take some time” to be felt by US consumers at the pump.
Tom Kloza said he is currently “not seeing the evidence of more crude oil departing” the strait, even though the reopening of the critical waterway was reportedly a condition of the two-week ceasefire that was agreed upon Tuesday night.
Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed that shipping through the Strait of Hormuz slowed sharply and then stopped following what it said was an Israeli ceasefire violation in Lebanon.
“I would emphasize these are really baby steps right now. There’s no indication that the strait is going to reopen, and it seems like a flimsy ceasefire, to say what’s obvious,” Kloza told CNN’s Jake Tapper.
He said there is just “a trickle” leaving the region and that, because of fragility of the deal, the people who send oil through the Strait of Hormuz “would be very reluctant to do so” right now.
“It looks as though we’re weeks away from any restoration of even 50% or 70% of the Strait of Hormuz traffic that we depend on,” Kloza said.
Hear what else Kloza said about the situation in the Middle East:
Indiana suspends gas use tax for 30 days amid high prices
Drivers in Indiana will get a bit of a break at the pump for the next month.
Gov. Mike Braun, a Republican, announced Wednesday that he is suspending the state’s 7% use tax on fuel, which comes to 17.2 cents per gallon in April. The move could save Indiana drivers a total of about $50 million, Braun said at a press conference.
“I am declaring a gas tax holiday to give Hoosiers relief from the pain at the pump from high gas prices,” he said in a statement declaring the suspension.
The month-long holiday goes into effect immediately but may not be reflected at gas stations until later this week or next week, Braun said. The governor will review whether the suspension – which does not affect the state’s 36 cents per gallon gas tax – needs to be extended at the end of the 30 days.
A gallon of regular gas cost an average of $4.14 cents in Indiana on Wednesday, up from $3.47 a month ago, according to AAA. The price of gas has skyrocketed since the start of the US-Israeli war with Iran in late February.
Georgia’s GOP Gov. Brian Kemp in March suspended the state’s 33.3 cents per gallon gas tax for two months.
Iran says Strait of Hormuz traffic halted after alleged ceasefire violation
Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed Thursday that shipping through the Strait of Hormuz slowed sharply and then stopped following what it said was an Israeli ceasefire violation in Lebanon.
According to MarineTraffic vessel-tracking data, no ships are currently shown transiting the Strait of Hormuz. That follows an earlier report that traffic had begun to resume after a two-week ceasefire agreement between the United States and Iran took effect Tuesday.
Tehran’s accusation against Israel came as the White House maintained that Lebanon is not part of the fragile ceasefire deal between the US and Iran. Israel today launched its largest strikes on Lebanon, inflicting heavy casualties, Lebanese authorities said.
The IRGC said one of the plan’s key provisions is Iran’s continued “smart management” of the Strait of Hormuz. It claimed that US President Donald Trump accepted that the strait would remain “under Iran’s control.”
According to the statement, two oil tankers it said were confirmed to be Iranian-owned transited the strait early in the day, and a tanker from China’s fleet also passed safely.
The IRGC said additional tanker traffic did not follow and that “all ship traffic” through the strait was halted minutes after Israel launched what it described as a large-scale attack on Lebanon. The Iranians said that attack violated the ceasefire agreement.
The IRGC also said one vessel that was scheduled to transit at 10 p.m. changed course near the strait and turned back.
Lebanon says Israeli strikes today have killed 182 people and injured 890 others
Lebanon’s Health Ministry said Wednesday that Israeli strikes across multiple parts of the country, including the capital, Beirut, have killed at least 182 people, according to an updated death toll.
An additional 890 people were wounded in today’s attacks, according to the ministry.
The ministry described the figures as preliminary and said the toll reflects information available so far.
Lebanese Prime Minister Nawaf Salam said in a statement today that Thursday will be a national day of mourning for victims of Israeli attacks that he said hit “hundreds of peaceful, unarmed civilians.”
Salam “is continuing contacts with Arab and international officials in an effort to … halt the violence,” the statement added.
This evening, the Israel Defense Forces launched a fresh strike on Beirut after earlier completing what it called the largest coordinated strike in Lebanon since the war began.
CNN’s team on the ground in Beirut witnessed multiple airstrikes on the Lebanese capital on Wednesday.
For context: Prior to today’s update, at least 1,739 people had been killed and 5,873 wounded since the war began, according to figures from the health ministry on Tuesday.
This post has been updated with additional information.
As ceasefire talks progressed, Netanyahu didn't know which path Trump would pick, sources say
As the United States and Iran engaged in ceasefire talks on Tuesday, Israeli Prime Minister Benjamin Netanyahu knew that the negotiations were advancing, but he remained uncertain what his ally, US President Donald Trump, would decide, Israeli sources told CNN.
On the ground, Israel was preparing for a last-minute extension of Trump’s deadline. But at the same time, the army was standing by for a further escalation, three Israeli sources said.
Two of these sources said plans were in place for a combined US-Israeli operation against Iran’s national infrastructure, with targets identified.
“It is all one man’s decision,” a senior Israeli official told CNN two hours before Trump’s deadline was due to expire. It was unclear which path Trump would pick, but the official said there were “many surrounding Trump pushing to end this.” The source noted that Vice President JD Vance – on a visit to Hungary to support the reelection campaign of MAGA ally Victor Orban – played a “substantial” role.
Netanyahu was ultimately informed of Trump’s decision shortly before it was made public.
In a speech on Wednesday, Netanyahu said the ceasefire came into effect “in full coordination with Israel” and that his country was not caught by surprise.
For the past few weeks, Netanyahu knew that negotiations might lead to a temporary ceasefire, but was highly skeptical that a deal was achievable, even as talks progressed on Tuesday, an Israeli source said.
The source said Netanyahu conveyed his concerns in recent discussions with Trump, stressing Israel’s demands that Iran’s capabilities to enrich uranium and develop ballistic missiles be eliminated, as well as curbing the activity of its proxies in the region.
An Israeli source familiar with the talks said Israel worked overnight with the US to ensure it wouldn’t accept the Iranian demand to have Lebanon part of the ceasefire agreement.
Vance says there have been three different 10-point proposals
Vice President JD Vance said Wednesday there have been three different 10-point proposals, which has contributed to confusion about what’s forming the basis of negotiations.
“The first 10-point proposal was something that was submitted, and we think, frankly, was probably written by ChatGPT, that was submitted to Steve Witkoff and Jared Kushner that immediately went in the garbage and was rejected,” Vance told reporters as he was leaving Hungary.
“There was a second 10-point proposal that was much more reasonable that was based on some back and forth between us, between the Pakistanis and between the Iranians. That is the 10-point proposal that the president was referencing in his Truth yesterday,” Vance added.
He criticized a third 10-point proposal that he said he’s seen on social media as “even more maximalist” than the first.
That initial proposal was put forward by “little more than a random yahoo in Iran,” Vance said, as he lashed out at the media for its coverage of it. But that statement — which said Iran achieved a great victory and forced the United States to accept its 10-point plan as a basis for negotiations — was obtained by CNN from Iranian officials and reported on by multiple Iranian state media outlets.
Oil prices drop below $95 per barrel as fragile US-Iran ceasefire takes effect
Oil prices fell sharply Wednesday after a fragile ceasefire between the United States and Iran took effect, spurring hopes that oil tankers would be allowed to pass through the Strait of Hormuz.
West Texas Intermediate, the US crude oil benchmark, tumbled 16.41% to settle at $94.41 per barrel. Still, crude is well above the $67 per barrel level it settled at on February 27, before the war began.
Brent crude, the global benchmark, dropped 13.29% to settle at $94.75 per barrel, its lowest settle price since March 11 — but also still well above its $73 per barrel level on February 27.
Both WTI and Brent posted their biggest single-day declines since April 2020. US oil prices fell as much as 19% earlier to $91.03 per barrel before paring some losses as uncertainty swirls about the state of the ceasefire and whether more oil tankers will actually be able to pass through the critical strait.
Oil prices “settle” each day around 2:30 p.m. ET but continue to trade nearly 24 hours during the week.
Vance dismisses Iranian claim that US violated ceasefire, says talks progressing
Vice President JD Vance on Wednesday criticized the speaker of Iran’s parliament for claiming that the US had violated the ceasefire deal, saying Mohammad Bagher Ghalibaf’s complaints “didn’t make sense.”
“I actually wonder how good he is at understanding English, because there are things that he said that, frankly, didn’t make sense in the context of the negotiations that we’ve had,” Vance told reporters outside Air Force Two, as he was leaving Hungary to return to the US.
Hours before, Ghalibaf posted a statement on X that claimed the US had broken the countries’ Tuesday night agreement by failing to halt strikes on Lebanon, violating Iranian airspace and denying Iran’s right to uranium enrichment.
While Vance allowed that “ceasefires are always messy,” he insisted that the US was abiding by the ceasefire and that negotiations were still progressing along.
He also rejected Iran’s claim that Lebanon was protected by the ceasefire and that Iran could continue with enrichment, arguing that the US never agreed to the point on Lebanon and one of President Donald Trump’s primary demands is for the regime to give up its enriched uranium.
“We don’t really concern ourselves with what they claim they have the right to do,” Vance said. “We concern ourselves with what they actually do.”
Vance also sought to strike a positive note on the state of the talks, casting Ghalibaf’s statement as a sign that “there’s a lot of points of agreement” outside of his specific complaints.
“He said that there are a few points of disagreement,” Vance said. “Well, that must mean that there’s a lot of points of agreement because there’s a 15-point plan floating around. There’s a 10-point plan floating around.”
Vance reiterates that ceasefire won't last if the strait doesn't reopen
Vice President JD Vance restated today that if Iran does not follow through on promises to reopen the Strait of Hormuz, the ceasefire will end.
“The president is very, very clear the deal is a ceasefire, a negotiation. That’s what we give, and what they give is that straits are going to be reopened. If we don’t see that happening, the president is not going to abide by our terms, if the Iranians are not abiding by their terms,” Vance told reporters outside of Air Force Two as he left Hungary.
The comments echo those made by White House press secretary Karoline Leavitt earlier in the day.
Vance added that the agreement is in a “good spot,” but vowed the Iranian regime will face “serious consequences” if they break their terms of the agreement.
“Fundamentally, we’re in a good spot. They’re reopening the straits. We have a ceasefire. And frankly, if they break their end of the bargain, then they’re going to see some serious consequences,” Vance said
