Vice President JD Vance has described the recent United States-Iran ceasefire agreement as a “fragile truce” during a speech in Hungary, stating that some Iranian officials have been misleading the public about the deal.

The two-week ceasefire, which halted attacks on Iran, triggered relief rallies in global markets. In his remarks, Vance noted that while Iran’s foreign minister had engaged constructively with U.S. negotiators, others within the country were lying about the agreement’s status.

“This is why I say this is a fragile truce,” he said. “You have people who clearly want to come to the negotiating table and work with us to find a good deal, and then you have people who are lying about even the fragile truce that we’ve already struck.”

Vance, campaigning for Hungarian Prime Minister Viktor Orbán’s reelection, emphasized the United States’ military, diplomatic, and economic leverage over Iran. He stated President Trump has instructed the nation not to use these tools but warned that Iran would face consequences if they failed to cooperate: “The president of the United States is not one to mess around. He’s impatient. He’s impatient to make progress.”

U.S. and Iranian officials are scheduled for peace talks in Islamabad on Friday, according to White House press secretary Karoline Leavitt, who noted that discussions remain ongoing but nothing is final until announced by the president or the White House.

Earlier Tuesday, President Trump threatened that “a whole civilization will die tonight never to be brought back again” unless a breakthrough agreement was reached between the two nations. The proposed 10-point plan, which would allow Iran to retain control of the Strait of Hormuz while facilitating a U.S. military withdrawal from the Middle East and lifting all primary and secondary sanctions on Iran, is expected to form part of the negotiations.