{"id":305,"date":"2026-06-15T12:38:34","date_gmt":"2026-06-15T12:38:34","guid":{"rendered":"https:\/\/blueroutejournal.com\/?p=305"},"modified":"2026-06-15T12:38:34","modified_gmt":"2026-06-15T12:38:34","slug":"one-major-cost-is-falling-fast-after-trump-announces-iran-peace-deal","status":"publish","type":"post","link":"https:\/\/blueroutejournal.com\/?p=305","title":{"rendered":"One Major Cost Is Falling Fast After Trump Announces Iran Peace Deal"},"content":{"rendered":"
\n
\n

Global oil prices fell to their lowest level since March, with Brent crude dropping to around $83 per barrel after President Donald Trump announced a peace deal with Iran on Sunday.<\/p>\n

Read more Iran Issues New Chapter Statement After U.S. Peace Deal<\/a><\/p>\n

\u201c<\/span>The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,\u201d Trump wrote, adding, \u201cShips of the World, start your engines. Let the oil flow!\u201d\u00a0<\/span><\/p>\n

The president published the message at around 5:30 p.m. ET on Sunday, and since then, Brent crude oil futures have dropped over 5%. <\/span>WTI crude oil, the U.S. benchmark, also fell by about 6% to below $80 per barrel. <\/span><\/p>\n

Before the war, the national average was hovering below $3 per gallon. As of Monday morning, average gas prices in the United States are sitting at $4.07, which is down nearly 50 cents from a month ago, according to AAA.\u00a0<\/span><\/p>\n

A sustained decline in energy prices could bring other prices down as well. Inflation has ticked up the last couple of months with May\u2019s reading showing the hottest inflation in three years at 4.2%. <\/span><\/p>\n

The stock market futures are also set to open higher. Futures tied to the Dow Jones Industrial Average jumped nearly 1% after Trump announced the deal. The S&P 500 futures ticked up 1.2%, and the Nasdaq 100 added 2.1%. <\/span><\/p>\n

Read more Iran Confirms New Chapter After U.S. Peace Deal<\/a><\/p>\n

The climb on Monday comes after a winning week for the stock market last week, which was helped by SpaceX\u2019s record-breaking $75 billion Initial Public Offering. Other markets around the world also reacted positively to news of a deal between the United States and Iran, with South Korea\u2019s Kospi jumping <\/span>5%<\/span>, Japan\u2019s Nikkei 225 gaining 5%, and Australia\u2019s S&P\/ASX 200 climbed 1.25%.\u00a0<\/span><\/p>\n

Iran\u2019s Supreme National Security Council confirmed that a memorandum of understanding had been finalized and that fighting would come to an end \u201cimmediately and permanently\u201d beginning Sunday night.<\/span><\/p>\n

\u00a0The Peace Deal is scheduled to be signed on Friday, June 19, in Switzerland with Vice President JD Vance set to attend the signing. <\/span><\/p>\n

\u201cI certainly plan to be there, but it\u2019s possible the president himself could be there. We will figure it out, but what we know is that we have got a lot of work to do, but it is a very big win for the American people tonight,\u201d Vance said on Sunday.\u00a0<\/span><\/p>\n

Read more 84-Year-Old Mitch McConnell Hospitalized After \u2018Unknown Medical Incident\u2019<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Global oil prices fell to their lowest level since March, with Brent crude dropping to around $83 per barrel after President Donald Trump announced a peace deal with Iran on Sunday.\u201cThe Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,\u201d Trump wrote, adding, \u201cShips of the World, start your engines. Let the oil flow!\u201d\u00a0The president published the message at around 5:30 p.m. ET on Sunday, and since then, Brent crude oil futures have dropped over 5%. WTI crude oil, the U.S. benchmark, also fell by about 6% to below $80 per barrel. Before the war, the national average was hovering below $3 per gallon. As of Monday morning, average gas prices in the United States are sitting at $4.07, which is down nearly 50 cents from a month ago, according to AAA.\u00a0A sustained decline in energy prices could bring other prices down as well. Inflation has ticked up the last couple of months with May\u2019s reading showing the hottest inflation in three years at 4.2%. The stock market futures are also set to open higher. Futures tied to the Dow Jones Industrial Average jumped nearly 1% after Trump announced the deal. The S&P 500 futures ticked up 1.2%, and the Nasdaq 100 added 2.1%. The climb on Monday comes after a winning week for the stock market last week, which was helped by SpaceX\u2019s record-breaking $75 billion Initial Public Offering. Other markets around the world also reacted positively to news of a deal between the United States and Iran, with South Korea\u2019s Kospi jumping 5%, Japan\u2019s Nikkei 225 gaining 5%, and Australia\u2019s S&P\/ASX 200 climbed 1.25%.\u00a0Iran\u2019s Supreme National Security Council confirmed that a memorandum of understanding had been finalized and that fighting would come to an end \u201cimmediately and permanently\u201d beginning Sunday night.\u00a0The Peace Deal is scheduled to be signed on Friday, June 19, in Switzerland with Vice President JD Vance set to attend the signing. \u201cI certainly plan to be there, but it\u2019s possible the president himself could be there. We will figure it out, but what we know is that we have got a lot of work to do, but it is a very big win for the American people tonight,\u201d Vance said on Sunday.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2"],"yoast_head":"\nOne Major Cost Is Falling Fast After Trump Announces Iran Peace Deal - Blue Route Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blueroutejournal.com\/?p=305\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One Major Cost Is Falling Fast After Trump Announces Iran Peace Deal - Blue Route Journal\" \/>\n<meta property=\"og:description\" content=\"Global oil prices fell to their lowest level since March, with Brent crude dropping to around $83 per barrel after President Donald Trump announced a peace deal with Iran on Sunday.\u201cThe Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,\u201d Trump wrote, adding, \u201cShips of the World, start your engines. Let the oil flow!\u201d\u00a0The president published the message at around 5:30 p.m. ET on Sunday, and since then, Brent crude oil futures have dropped over 5%. WTI crude oil, the U.S. benchmark, also fell by about 6% to below $80 per barrel. Before the war, the national average was hovering below $3 per gallon. As of Monday morning, average gas prices in the United States are sitting at $4.07, which is down nearly 50 cents from a month ago, according to AAA.\u00a0A sustained decline in energy prices could bring other prices down as well. Inflation has ticked up the last couple of months with May\u2019s reading showing the hottest inflation in three years at 4.2%. The stock market futures are also set to open higher. Futures tied to the Dow Jones Industrial Average jumped nearly 1% after Trump announced the deal. The S&P 500 futures ticked up 1.2%, and the Nasdaq 100 added 2.1%. The climb on Monday comes after a winning week for the stock market last week, which was helped by SpaceX\u2019s record-breaking $75 billion Initial Public Offering. Other markets around the world also reacted positively to news of a deal between the United States and Iran, with South Korea\u2019s Kospi jumping 5%, Japan\u2019s Nikkei 225 gaining 5%, and Australia\u2019s S&P\/ASX 200 climbed 1.25%.\u00a0Iran\u2019s Supreme National Security Council confirmed that a memorandum of understanding had been finalized and that fighting would come to an end \u201cimmediately and permanently\u201d beginning Sunday night.\u00a0The Peace Deal is scheduled to be signed on Friday, June 19, in Switzerland with Vice President JD Vance set to attend the signing. \u201cI certainly plan to be there, but it\u2019s possible the president himself could be there. We will figure it out, but what we know is that we have got a lot of work to do, but it is a very big win for the American people tonight,\u201d Vance said on Sunday.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blueroutejournal.com\/?p=305\" \/>\n<meta property=\"og:site_name\" content=\"Blue Route Journal\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-15T12:38:34+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/#\\\/schema\\\/person\\\/19da116f8d79cf8987781569801c6b7c\"},\"headline\":\"One Major Cost Is Falling Fast After Trump Announces Iran Peace Deal\",\"datePublished\":\"2026-06-15T12:38:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305\"},\"wordCount\":440,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blueroutejournal.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/8f141aaf387ff8a6f50f74ae4ae31cc7.avif\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blueroutejournal.com\\\/?p=305#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305\",\"url\":\"https:\\\/\\\/blueroutejournal.com\\\/?p=305\",\"name\":\"One Major Cost Is Falling Fast After Trump Announces Iran Peace Deal - 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Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,\u201d Trump wrote, adding, \u201cShips of the World, start your engines. Let the oil flow!\u201d\u00a0The president published the message at around 5:30 p.m. ET on Sunday, and since then, Brent crude oil futures have dropped over 5%. WTI crude oil, the U.S. benchmark, also fell by about 6% to below $80 per barrel. Before the war, the national average was hovering below $3 per gallon. As of Monday morning, average gas prices in the United States are sitting at $4.07, which is down nearly 50 cents from a month ago, according to AAA.\u00a0A sustained decline in energy prices could bring other prices down as well. Inflation has ticked up the last couple of months with May\u2019s reading showing the hottest inflation in three years at 4.2%. The stock market futures are also set to open higher. 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