Vice President JD Vance said Thursday that President Donald Trump’s peace plan is already producing measurable benefits for Americans, pointing to falling energy prices, resumed shipping activity, and continued stability in key international trade routes.

During a press conference, Vance announced that 12.5 million barrels of oil moved through the Strait of Hormuz overnight, describing the figure as the highest level since the conflict began.

According to Vance, those developments are already showing up in energy markets.

He noted that oil prices have dropped close to levels seen before the conflict and highlighted that national average gasoline prices fell below $4 per gallon for the first time since hostilities escalated.

“Importantly, they’re gonna keep falling further, given how low oil prices are,” Vance said.

On the security front, Vance stated that for the second consecutive night, Iranian forces did not target ships moving through the Strait of Hormuz and said both sides were currently honoring the terms of the agreement, including the end of the U.S. blockade.

Vance also emphasized what he described as outcomes that remain in place regardless of Iran’s future compliance.

According to the vice president, Iran’s enrichment capability, nuclear-related infrastructure, conventional military capacity, and broader regional threat potential have already been significantly reduced.

He pushed back on reports suggesting the United States is directly providing financial benefits to Iran, arguing that any future economic gains would depend entirely on Iran meeting the conditions of the agreement.

Vance said no American taxpayer money would be transferred and argued that any economic relief would only follow full compliance and behavioral changes.

He described the arrangement as a “win-win” scenario: if Iran does not comply, its military and nuclear capabilities remain weakened; if it does comply, broader regional normalization becomes possible.

Foreign policy wins are usually measured in complicated charts and closed-door meetings — but lower gas prices tend to get people’s attention a lot faster.

For supporters of the administration’s approach, the early signs point to a strategy centered on pressure, negotiation, and delivering outcomes that they argue benefit both American security and everyday consumers.