Oil prices surged more than 6% on Thursday.
The United States and Iran have reached an initial agreement to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war, potentially allowing desperately needed oil and natural gas to reach the global market.
The IRGC said U.S. forces attacked Sirik island.
Despite continued U.S. economic growth, many North Carolina residents say rising prices and higher interest rates are making it harder to keep up with everyday expenses.
Earlier, Trump said he read a draft of an Iran peace deal.
"For Iran, the Clock is Ticking," Trump said.