Trump VOWS to reopen Strait of Hormuz as oil price plunge episode artwork

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!

Episode metadata supplied by the publisher feed · Published Jun 17, 2026

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Trump VOWS to reopen Strait of Hormuz as oil price plunge

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