A war between the US, Israel, and Iran that began in February concluded with a June 18 deal that reopens the Strait of Hormuz and defers nuclear negotiations for 60 days. Fuel prices increased during the conflict, with US gasoline rising from $2.94 to $4.05 per gallon and UK petrol from 132.05p to 154.72p per litre. Analyses differ on the deal's implications for security, markets, and households.