Crude oil and regular gasoline have seen significant declines in recent days, the president said.
The Israel Defense Forces said it will remain deployed in parts of Gaza under the U.S.-brokered ceasefire and continue operations against perceived threats.
The Montenegrin police said a High Court judge in the capital, Podgorica, would now consider the United States’ extradition request.
The comments came after both sides launched strikes over the past weekend.
The United States and Iran are set to meet after both sides paused military exchanges in the Strait of Hormuz, Trump said.
The June 28 strikes followed an attack on Pakistani paramilitary forces in Karachi the day before, which Islamabad blamed on the Pakistani Taliban.
The decision ends years of official hesitation and comes as relations between Israel and Turkey remain strained.
‘Both sides will stand down for now and vessels can move freely,’ a U.S. official said.
Multiple strikes were carried out by both the U.S. and Iranian militaries over the weekend.
The U.S. Central Command said the strikes were conducted in response to an Iranian drone attack that struck an oil tanker earlier on June 27.
Although Iran did not claim the attack on a vessel in the Strait of Hormuz, the IRGC said it had targeted American positions in the region.
The U.S. State Department published the text of the agreement, which has the backing of the United States and aims to achieve ‘lasting peace’ in the region.
Trump said a drone strike on a cargo ship in the Strait of Hormuz, attributed to Iran, was a violation of a ceasefire.
The deal follows months of fighting between Israeli forces and Hezbollah, an internationally designated terrorist group based in Lebanon.
Under FIFA’s World Cup stadium policy, it is prohibited for fans to bring in certain controversial political items.
Iran attacked a cargo vessel with a drone in the Strait of Hormuz on June 24.
A cargo ship was struck by a projectile while traveling in the strait on Thursday, officials said.