Despite two-week ceasefire, gas and oil prices may not drop if Iran closes the Strait of Hormuz. What will you see at the gas pump?

The price of oil seesawed in trading in response to U.S. President Donald Trump's imminent threat to obliterate Iranian power plants and bridges.

President Donald Trump had threatened to destroy Iran's entire civilization if his 8 p.m. ET deadline to reopen the Strait of Hormuz is not met.