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

What this episode covers

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

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How long is this episode of CNN One Thing?

This episode is 27 minutes long.

When was this CNN One Thing episode published?

This episode was published on June 17, 2026.

What is this episode about?

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...

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