{"id":338124,"date":"2026-06-16T07:38:11","date_gmt":"2026-06-16T07:38:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/338124\/"},"modified":"2026-06-16T07:38:11","modified_gmt":"2026-06-16T07:38:11","slug":"us-iran-tentative-agreement-makes-texans-hopeful-for-lower-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/338124\/","title":{"rendered":"US-Iran tentative agreement makes Texans hopeful for lower prices"},"content":{"rendered":"<p>AUSTIN, Texas \u2014 A tentative agreement between the United States and Iran to end the war has raised hopes of lower gas prices in Central Texas after <a href=\"https:\/\/cbsaustin.com\/news\/local\/what-soaring-gas-prices-mean-for-texas-and-how-long-it-could-take-for-costs-to-come-down\" target=\"_blank\" rel=\"nofollow noopener\">months of higher fuel costs <\/a>linked to tensions in the Strait of Hormuz.<\/p>\n<p>President Donald Trump announced at the G-7 Summit in France that an agreement had been reached and said ships were already beginning to leave the strait.<\/p>\n<p>\u201cThe deal\u2019s all signed, and the strait is already partially opened. As you know, they\u2019re doing a little hunting for a couple of mines that they\u2019ve already found. But it\u2019s essentially, the ships are starting to go out now. On Friday, it\u2019ll be completely opened,\u201d Trump said.<\/p>\n<p>Trump said the full text of the agreement will be released soon and stressed that it will ensure Iran does not gain access to a nuclear weapon. A formal signing ceremony is scheduled for Friday in Switzerland.<\/p>\n<p>The U.S. military said its blockade of Iranian ports in the Strait of Hormuz will remain in effect until the signing.<\/p>\n<p><a href=\"https:\/\/cbsaustin.com\/news\/local\/alleged-drunk-driver-strikes-apd-patrol-vehicle-on-i-35-sunday-morning-injuring-officer\" target=\"_blank\" rel=\"nofollow noopener\">ALSO| Suspected drunk driver strikes APD patrol vehicle on I-35 Sunday morning, injuring officer<\/a><\/p>\n<p><a href=\"https:\/\/cbsaustin.com\/news\/nation-world\/even-with-deal-on-strait-of-hormuz-in-place-it-could-take-months-for-oil-to-flow\" target=\"_blank\" rel=\"nofollow noopener\">The standoff in the Strait<\/a> disrupted crude oil supplies worldwide and contributed to rising gasoline prices in the United States. The issue also increased pressure on the Trump administration ahead of expected tough midterm elections.<\/p>\n<p>At a gas station in North Austin, regular unleaded gasoline cost $3.17 a gallon on Monday, down 10 cents from Sunday.<\/p>\n<p>Chris Dyson, who said he fills his tank multiple times a week, said higher prices have been noticeable. He drives from New Braunfels to Austin for work.<\/p>\n<p>\u201cBasically, it\u2019s been more expensive for the past three months. I guess it\u2019s because of what\u2019s going on in Iran, I\u2019m not really sure, but it\u2019s gone up to three dollars, four dollars,\u201d Dyson said.<\/p>\n<p>Last week, AAA Texas reported the statewide average price of gasoline was $3.58 per gallon, down 14 cents from the previous week. The agency released that information before the United States and Iran announced their tentative agreement.<\/p>\n<p>A spokesperson for AAA Texas said some of the decline in oil prices was due to markets determining how to redistribute supply and that demand had also fallen slightly.<\/p>\n<p>Dyson said he is hopeful fuel prices will continue to decline.<\/p>\n<p>\u201cI think things will get better. And what happens if they don\u2019t? As Americans, we have to get stronger, and we have to find another alternative to help ourselves,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, Texas \u2014 A tentative agreement between the United States and Iran to end the war has raised&hellip;\n","protected":false},"author":2,"featured_media":338125,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":["post-338124","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/338124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=338124"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/338124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/338125"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=338124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=338124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=338124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}