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

June 17
27 mins

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Episode Description

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 

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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

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