CNN One Thing
CNN One Thing
CNN Podcasts
Trump Says the War with Iran Is Over. Will Gas Prices Fall?
27 minutes Posted Jun 17, 2026 at 8:30 am.
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Show notes
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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