EPISODE · Jun 17, 2026 · 5 MIN
Trump VOWS to reopen Strait of Hormuz as oil price plunge
from Today Explained · host Today Explained
Crude oil prices are down sharply on Monday morning, after President Trump, Iranian leaders and Pakistani negotiators all indicated that a deal to end the war with Iran will be signed on Friday.Middle East conflictThe U.S. and Iran announce a deal to end the warTrump posted online about the deal on Sunday evening.Oil futures prices promptly sank around 4% after markets reopened for trading following their typical weekend break. Prices had already fallen significantly on Thursday and Friday in anticipation of a deal.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!
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Trump VOWS to reopen Strait of Hormuz as oil price plunge
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