00:00President Trump says an Iran deal is close.
00:02And for American drivers, that matters more than almost anything else in foreign policy right now.
00:08On May 20th, Trump told reporters Iran wants to make a deal,
00:12describing the talks as being in their final stages.
00:15Iran has confirmed it is reviewing the U.S. proposal.
00:18But the core sticking points remain.
00:21The U.S. demands Iran permanently end nuclear enrichment.
00:25Iran demands sanctions relief and compensation for war damages.
00:28And the Strait of Hormuz, through which 20% of the world's oil once flowed, remains effectively closed.
00:36Brent crude is at $107 a barrel, up 45% since the war started.
00:42Trump is floating a gas tax suspension of 18 cents per gallon.
00:46But analysts say only a full Hormuz reopening deal can bring meaningful relief at the pump.
00:52If talks succeed, gas prices could fall by up to 20% within weeks.
00:57If they fail, expect higher prices through summer.
01:01I don't know if pavement will boost up the pump so it will move.
01:01But it's possible to expand the pump so it says that we do change it.
01:01We'll keep going for it.
01:01I want to clean access its diye yet, and don't be worth it.
01:02Situ city policy LYM.
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