### [2026-06-14](/feed/2026/06/14/index.md)

##### Economic impact of the 2026 Iran war
# Oil prices, including crude oil, fall by 5% after U.S. president Donald Trump announced that a deal has been reached to end the war, reopen the Strait of Hormuz and end the U.S. blockade. 




### Sources:

1. [CNBC](https://www.cnbc.com/2026/06/14/oil-price-iran-war-strait-hormuz-peace-deal.html)

### Changes:

1. Oil prices, including crude oil, fall by 5% after Trump announced that a deal has been reached to end the war, reopen the Strait of Hormuz and end the U.S. blockade.  _2026-06-15 01:43:19 (First version)_
1. Oil prices, including crude oil, fall by 5% after U.S. president Donald Trump announced that a deal has been reached to end the war, reopen the Strait of Hormuz and end the U.S. blockade.  _(Current version)_

### Related:

1. [Pakistani prime minister Shehbaz Sharif and United States president Donald Trump announce that Iran and the U.S. have reached an agreement to end the war, extend the ceasefire by 60 more days, and reopen the Strait of Hormuz, with the deal set to be officially signed in Switzerland on Friday. ](/feed/2026/06/14/pakistani-prime-minister-shehbaz-sharif-and-united-states-president-donald-trump-announce-that-iran-and-the-us-have-re.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
2. [U.S. president Donald Trump says that the details of the emerging agreement will be "announced shortly," and that it will include the reopening of the Strait of Hormuz. ](/feed/2026/05/23/us-president-donald-trump-says-that-the-details-of-the-emerging-agreement-will-be-announced-shortly-and-that-it-wil.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
3. [U.S. president Donald Trump says that the U.S. has begun "clearing out" naval mines in the Strait of Hormuz. ](/feed/2026/04/11/us-president-donald-trump-says-that-the-us-has-begun-clearing-out-naval-mines-in-the-strait-of-hormuz.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
4. [U.S. president Donald Trump threatens to impose 50% tariffs on countries that supply military weapons to Iran. ](/feed/2026/04/8/us-president-donald-trump-threatens-to-impose-50-tariffs-on-countries-that-supply-military-weapons-to-iran.md) _Context: Donald Trump, Economic impact of the 2026 Iran war, U.S. president_
5. [U.S. president Donald Trump extends his deadline for Iran to reopen the Strait of Hormuz by ten days, until 6 April, or "face further assassinations of senior officials". ](/feed/2026/03/26/us-president-donald-trump-extends-his-deadline-for-iran-to-reopen-the-strait-of-hormuz-by-ten-days-until-6-april-or.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
6. [Brent crude futures fall 11%, trading just below US$100 a barrel for the first time in days, following the announcement by U.S. president Donald Trump about talks with Iran to end the war. ](/feed/2026/03/23/brent-crude-futures-fall-11-trading-just-below-us-100-a-barrel-for-the-first-time-in-days-following-the-announcement.md) _Context: Donald Trump, Economic impact of the 2026 Iran war, U.S. president_
7. [U.S. president Donald Trump issues an ultimatum to Iran to fully open the Strait of Hormuz within the next 48 hours or the U.S. military will "obliterate" their energy infrastructure, including all Iranian power stations. ](/feed/2026/03/21/us-president-donald-trump-issues-an-ultimatum-to-iran-to-fully-open-the-strait-of-hormuz-within-the-next-48-hours-or-t.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
8. [U.S. president Donald Trump says that the United States is considering "winding down" military operations in Iran as they "are getting very close to meeting [their] objectives" and urges the countries that "use" Hormuz to safeguard the Strait. ](/feed/2026/03/20/us-president-donald-trump-says-that-the-united-states-is-considering-winding-down-military-operations-in-iran-as-the.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
9. [Several NATO allies of the United States, including Germany, Italy, and Spain, rule out sending warships to lift the blockade of the Strait of Hormuz following a request from U.S. president Donald Trump. ](/feed/2026/03/16/several-nato-allies-of-the-united-states-including-germany-italy-and-spain-rule-out-sending-warships-to-lift-the-blo.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_
10. [The price of West Texas Intermediate crude oil rises by more than five percent to US$87.65 per barrel after United States president Donald Trump escalated threats related to the Strait of Hormuz. ](/feed/2026/03/10/the-price-of-west-texas-intermediate-crude-oil-rises-by-more-than-five-percent-to-us-8765-per-barrel-after-united-state.md) _Context: Donald Trump, Strait of Hormuz, U.S. president_