EPISODE · Jun 18, 2026 · 10 MIN
Peace Deal for USA and Iran? So when will we see prices drop?
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The United States and Iran have signed a memorandum of understanding aimed at ending the 3 month conflict which has sent energy prices soaring and disrupted global supply chains The deal was signed in secret in Versailles bringing an immediate end to all military operations in both Iran and Lebanon for 60 days giving negotiators time to work through the details of a final agreement. President Donald Trump says the crucial shipping route the Strait of Hormuz will reopen "so soon" although experts say there are some obstacles preventing traffic from returning to the levels seen before the conflict began. So will consumers see relief any time soon? How quickly could prices fall? And how long will it take for the global economy to rebound? Independent economist Cameron Bagrie joins Jesse to try to answer those questions and more. [picture id="4JN24GR_AFP__20260611__B6TM8NV__v1__HighRes__UsPoliticsTrump_jpg" crop="16x10" layout="full"]
What this episode covers
The United States and Iran have signed a memorandum of understanding aimed at ending the 3 month conflict which has sent energy prices soaring and disrupted global supply chains The deal was signed in secret in Versailles bringing an immediate end to all military operations in both Iran and Lebanon for 60 days giving negotiators time to work through the details of a final agreement. President Donald Trump says the crucial shipping route the Strait of Hormuz will reopen "so soon" although experts say there are some obstacles preventing traffic from returning to the levels seen before the conflict began. So will consumers see relief any time soon? How quickly could prices fall? And how long will it take for the global economy to rebound? Independent economist Cameron Bagrie joins Jesse to try to answer those questions and more. [picture id="4JN24GR_AFP__20260611__B6TM8NV__v1__HighRes__UsPoliticsTrump_jpg" crop="16x10" layout="full"]
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Peace Deal for USA and Iran? So when will we see prices drop?
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