Live Updates | Trump Says Iran Agreed to Forgo Nuclear Weapons, Denies Reports U.S. Paying Tehran $300 Million. Vance to NBC: Nuclear Inspectors Will 'Absolutely' Return to Iran Under War-ending Agreement. Three Explosions Reportedly Heard Near Strait of Hormuz, Attributed to 'Traffic Management'

Live Updates | Trump Says Iran Agreed to Forgo Nuclear Weapons, Denies Reports U.S. Paying Tehran $300 Million. Vance to NBC: Nuclear Inspectors Will 'Absolutely' Return to Iran…

The price of oil fell on Monday morning after President Trump announced the Strait of Hormuz will reopen under the terms of the agreement reached with Iran.