{"id":7812,"date":"2026-07-09T09:46:52","date_gmt":"2026-07-09T16:46:52","guid":{"rendered":"https:\/\/www.blackhistoryinthebible.com\/community\/trump-declares-ceasefire-over-gas-prices-about-to-spike\/"},"modified":"2026-07-09T09:46:52","modified_gmt":"2026-07-09T16:46:52","slug":"trump-declares-ceasefire-over-gas-prices-about-to-spike","status":"publish","type":"post","link":"https:\/\/www.blackhistoryinthebible.com\/community\/trump-declares-ceasefire-over-gas-prices-about-to-spike\/","title":{"rendered":"Trump Declares Ceasefire &#8216;Over&#8217; \u2014 Gas Prices About to Spike"},"content":{"rendered":"<p> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/od-VwBQyBsM\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>President Trump declared Wednesday that the ceasefire with Iran is &quot;over,&quot; triggering an immediate market shock. Oil prices surged as much as 8% \u2014 Brent crude topped $78-80 a barrel, and U.S. crude jumped to its highest one-day move since early June. The Dow fell more than 550 points, and stock markets dropped worldwide, from Germany to Japan to South Korea.<br \/>\nTrump made the comments at the NATO summit in Ankara, Turkey, after the U.S. and Iran exchanged strikes overnight \u2014 the second such escalation since their interim ceasefire deal in mid-June. He called Iranian leaders &quot;scum&quot; and &quot;liars,&quot; and said the U.S. may launch more strikes soon, though he said negotiators Witkoff and Kushner still want to keep talking.<br \/>\nWhat does this mean for you? Gas prices haven&#8217;t spiked yet \u2014 AAA had the national average around $3.80\/gallon Wednesday \u2014 but experts warn the pain at the pump is a delayed effect, since refineries buy crude weeks in advance. Analysts also warn this raises the odds of a Federal Reserve rate hike, adding more pressure to an already fragile economy.<br \/>\n\u26fd In this video:<\/p>\n<p>Exactly what Trump said and why<br \/>\nHow markets reacted within hours<br \/>\nWhy gas prices haven&#8217;t spiked yet (but might soon)<br \/>\nWhat this means for inflation and the Fed<\/p>\n<p>#GasPrices #Iran #Trump #OilPrices #Economy #BreakingNews<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump declared Wednesday that the ceasefire with Iran is &quot;over,&quot; triggering an immediate market shock. Oil prices<\/p>\n","protected":false},"author":1,"featured_media":7813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[67],"tags":[],"class_list":["post-7812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lisa-cabrera"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.blackhistoryinthebible.com\/community\/wp-content\/uploads\/2026\/07\/hqdefault-95.jpg?fit=480%2C360&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/7812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/comments?post=7812"}],"version-history":[{"count":0,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/7812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media\/7813"}],"wp:attachment":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media?parent=7812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/categories?post=7812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/tags?post=7812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}