President Donald Trump said renewed oil movement through the Strait of Hormuz, lower fuel prices and rising stock markets show the early economic impact of the newly signed U.S.-Iran memorandum.
By yourNEWS Media Newsroom
President Donald Trump celebrated a market rally Thursday after the United States and Iran signed a memorandum of understanding aimed at ending the war, reopening the Strait of Hormuz and beginning a new phase of negotiations over Tehran’s nuclear program.
Trump said the agreement had helped restore oil movement through the critical shipping corridor, calm energy markets and support gains in U.S. stocks.
“Oil is flowing, Iran can never have a nuclear weapon (the world will be safe!), the stock markets are roaring, jobs are at records, and prices are dropping (affordability!). Our country is strong, safe, and respected like never before. You’re welcome!” Trump posted on Truth Social.
The president’s remarks came after he signed a memorandum of understanding with Iran that is intended to halt hostilities and establish a negotiating framework for a broader settlement.
The agreement includes a commitment that Iran will not pursue a nuclear weapon and allows for the reopening of the Strait of Hormuz, a major route for global energy shipments.
The strait had been a central concern during the conflict because of its importance to oil markets. Disruption in the area had contributed to higher crude and gasoline prices, increasing pressure on consumers and financial markets.
Following the agreement, gas prices fell below $4 per gallon on average. As of press time, AAA reported the national average for a gallon of regular gasoline at $3.999.
Major stock indexes also opened higher Thursday, including the Dow Jones Industrial Average, as investors responded to signs of reduced geopolitical risk and improved energy supply expectations.
The Trump administration has presented the Iran memorandum as an initial step toward a wider agreement that would address nuclear restrictions, sanctions, regional security and enforcement mechanisms.
Supporters of the deal argue that reopening the Strait of Hormuz and restoring energy flows could ease inflationary pressure and help stabilize markets.
The agreement remains preliminary, with broader negotiations expected to continue during a 60-day window. Key disputes involving sanctions relief, uranium stockpiles, verification measures and long-term compliance have not yet been fully resolved.
For now, Trump is pointing to lower gasoline prices and market gains as evidence that the deal is already producing economic benefits.
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