welcome to the site.
There really isn't any difference between introducing another fish, or getting another dog or cat. In both cases you can never be sure whether they're going to get on when they first meet. Obviously it's a little more tricky with fish because they are not able to get away from each other if they are in the same tank.
It's probably due to the fact that the red Oscar was there before the Veil tail and he's taken umbrage to this, "how dare another Oscar invade my space"
The problem with veil tail Oscars is they are very vulnerable to damage because of their long fins. So if this aggression is going to be an ongoing occurrence, the Oscar is going to look rather tatty most of the time.
Sometimes rearranging the tank can help with aggression but it's a long shot and probably won't make any difference.
I think you're just going to have to try and give them a little time. Maybe you could put a divider in the tank so they can see each other, but not actually have any physical contact. Again, this could be fruitless, but it may be worth a try.
I'm afraid there's no easy solution to this, it's very very common for this to happen so you're not alone