Trump Says the War with Iran Is Over. Will Gas Prices Fall?

Trump Says the War with Iran Is Over. Will Gas Prices Fall?

June 17, 2026 · 27 min

About this episode

The episode discusses the implications of Trump's announcement on the end of hostilities with Iran and its potential impact on gas prices.

President Donald Trump says the Strait of Hormuz is set to fully reopen on Friday after Iran and the US sign a memo of understanding to end hostilities that will end the war and kickstart further negotiations. But will it bring down gas prices for American drivers – and when? We look at the complicated business of unwinding a war’s unintended consequences. For more: The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point --- Guest: David Goldman, CNN Business Senior Reporter Host: David Rind Producer: Paola Ortiz Showrunner: Felicia Patinkin Editorial Support: Chris Isidore Photo By: Spencer Platt/Getty Images Learn more about your ad choices. Visit podcastchoices.com/adchoices

People in this episode

Host: David Rind

Guest: David Goldman

Topics covered

Keywords

Mentioned in this episode

Organizations: CNN

Places: Cushing, Oklahoma, Strait of Hormuz

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