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Joey Hudson / Just The Truth

Joey Hudson / Just The Truth

Iran Deal Near? Markets Surge as Oil Prices Fall (Ep 801)

Joey Hudson / Just The Truth · Aug 5, 2026 · 43:22

0:0043:22

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Just the Truth Podcast with Joey Hudson

Today's show covers reports of a possible breakthrough in negotiations involving Iran, a major rally on Wall Street, the continuing controversy surrounding the Lincoln Memorial vandalism case, and another dramatic development in South Carolina's closely watched Senate race.

According to reports, representatives from Iran and Oman are nearing an agreement that could fully reopen the Strait of Hormuz to commercial shipping traffic. Under the proposal, both countries would reportedly collect fees intended to support environmental protection and maritime security operations. We'll examine what this agreement could mean for global energy markets and the broader geopolitical landscape.

Investors responded enthusiastically as Treasury Secretary Scott Bessent suggested that negotiations were making significant progress. Stock markets climbed sharply, oil prices moved lower, and technology companies led the way after strong earnings reports from Palantir Technologies.

Also today, reports indicate that President Donald Trump remains frustrated over the dismissal of charges against Olympic athlete David Hearn, who had been accused of damaging the reflecting pool at the Lincoln Memorial. We'll examine the latest developments involving interim U.S. Attorney Jeanine Pirro and the ongoing debate surrounding the case.

In South Carolina, another twist has emerged in the race to fill the Senate seat vacated by the late Lindsey Graham. A judge ruled that Senate candidate Danny Lee Ford II must be placed on the Republican primary ballot. However, the South Carolina Republican Party immediately appealed the decision, leaving the final outcome in the hands of the South Carolina Supreme Court.

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Episodes: Joey Hudson / Just The Truth

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