Trump orders Vance to focus on "corruption" in Democrat-run areas, not Iran

• Oil prices surged, and stocks sank after Trump's post re-injected a note of uncertainty into a market that was acting like the Iran war was all but over.

Driving the news: "We don't need a deal with Iran. Those days have long since passed," Trump wrote on Truth Social, where he also threatened new tariffs on Mexico and criticized GOP senators for failing to pass the Save America ACT — adding that failure to do so was "devastating" for Republicans during the midterms.

• He said that he had asked Vance to "focus his complete and total attention" on so-called "Corruption and Crime" in Democrat-run cities and states, naming Minnesota, California and Illinois.

Vance has chaired Trump's Task Force to Eliminate Fraud since the president created it via executive order earlier this year.

• Throughout the first half of his administration and federal crackdown on U.S. cities, Trump has repeatedly framed blue areas as hotbeds of crime and corruption, even when the stats haven't necessarily backed up those arguments.

Catch up quick: Vance was recently heavily involved in a push to reach a new ceasefire with Iran and resume nuclear negotiations, Axios' Barak Ravid reported.

• Vance was a skeptical voice in Trump's inner circle about the war, Ravid reported, and led U.S. negotiating delegations after it began.
• Vance's office and the White House did not immediately respond to Axios' request for comment.

Editor's note: This is a breaking news story and will be updated.