Trump announces US and Iran have reached
peace deal — here’s when the Strait
of Hormuz reopens, and what happens next
Posted By: Mercedes44, 6/15/2026 1:44:51 AM
The US and Iran have reached a peace deal to end their three-and-a-half-month-old war, President Trump announced Sunday evening. The Strait of Hormuz, which carries 20% of the world’s oil, is set to reopen on Friday when a deal is signed in Switzerland, officials said. “The Deal with the Islamic Republic of Iran is now complete,” Trump wrote on Truth Social. “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. Ships of the World, start your engines. Let the oil flow!”
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German Chancellor gives Trump a ‘TRUMP
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gift at G7 summit 2 replies
47’ soccer jersey as belated birthday
gift at G7 summit 2 replies
EVIAN – German Chancellor Friedrich Merz had a belated birthday gift for President Trump: a Germany soccer jersey with the number 47 on the back and “TRUMP” written on it.
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California Gov. Gavin Newsom (D) made a series of sensational claims on Monday, accusing President Donald Trump‘s Department of Justice (DOJ) of personally targeting both him and his wife for no good reason. But according to a Trump administration official, the investigation involving the corrupt governor and his wife began under the Biden-Harris administration.Newsom’s government is under a new investigation federal authorities launched into election fraud in California after evidence of bribery and ballot harvesting, along with stunning changes in state and city election results a week into “counting.” But when the Democrat governor griped on Monday about federal investigation into him and “First Partner” Jennifer Siebel Newsom,
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In our enlightened age the public seems tirelessly bombarded with warnings of existential threat from infectious disease. Another distant outbreak is spreading, this time it could be Disease X! ‘And there is no vaccine!’ How, one might ask, is our species still extant?
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However,
Oil prices fell sharply on Sunday after President Trump announced that the U.S. and Iran had agreed to a peace deal. Brent crude, the international benchmark, fell by around four percent to below $84 a barrel, the lowest price since March 5. West Texas Intermediate, the U.S. benchmark, fell by nearly five percent to below $81 a barrel.
“With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!” President Trump said Sunday evening.
Stock futures tied to U.S. equities market climbed on the news.
Crude oil prices sank to their lowest levels since at least March, and gasoline prices are expected to start dipping within a week or two, following President Trump’s announcement of an agreement with Iran to reopen the Strait of Hormuz. Brent crude oil prices dropped 4.8% Monday to settle at $83.17 a barrel, while West Texas Intermediate crude plunged nearly 5% to $80.75 a barrel. US oil had briefly dropped below the $80 mark for the first time since March in early trading.
Though still higher than pre-war prices, the crude benchmarks fell to three-month lows after earlier hitting as high as $126 a barrel during the Middle East conflict.
Currently,
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As I wrote last week, public schools are depopulating on a large scale for a variety of reasons, including a declining birth rate, the fact that many of them don’t offer a worthy product, the advancement of school choice, and others. Colleges are faring even worse for many of the same reasons. In January, Arthur Levine, president of Brandeis University, asserted that 20 percent to 25 percent of colleges will close in the coming years.
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