i'm looking for the crazed gambler iran etf. i'm excited about that.x: what does the oil-rich nations reentry really mean for gas prices? stanley's chief u.s. economist joins us now. such a pleasure. we did not really see oil come off any on the iran deal, but the estimate is anywhere between five dollars to $10 per barrel, if we see a lot of oil. what does that mean at home? >> all markets are forward-looking, including oil markets. we cannot extract what is going on with concerns over greece and some, but i imagine that of the decline in oil prices was in reaction to anticipation, but anticipation of a deal being announced in iran. , in people saw this coming other words? >> i think that people saw it coming, investors would have been betting on what it means for oil if there was more supply coming from iran. prices have declined, but for consumers it is always a good means you don't pay as much when you go to gas up at the pump. at the very least it makes consumers feel better. alix: what is the lag time for that? >> about two weeks. pretty soon you

etf. >> ben. >> brookshirove it love it. >> forbes on fox next. >>> the same week we see a gunman bringing terror to our heartland, the president's national security advisor making a shocking admission about how the iran nuke deal could end up putting more money in terrorists' pockets. take a listen. >> we should expect some portion of that money would go to the iranian military and could potentially be used for the kinds of bad behavior that we have seen in the region up until now. some of you say that's exactly why they should block the deal. are they right or wrong? welcome to "forbes on fox." let's go in focus with steve forbes michael, elizabeth mcdobld carrie

etf. >> ben. >> brookshirove it love it. >> forbes on fox next. >>> the same week we see a gunman bringing terror to our heartland, the president's national security advisor making a shocking admission about how the iran nuke deal could end up putting more money in terrorists' pockets. take a listen. >> we should expect some portion of that money would go to the iranian military and could potentially be used for the kinds of bad behavior that we have seen in the region up until now. some of you say that's exactly why they should block the deal. are they right or wrong? welcome to "forbes on fox." let's go in focus with steve forbes michael, elizabeth mcdobld carrie sheffield, john and mark. susan rice steve says bad behavior may be encouraged or at least financed by this iran wran deal. what to you sni. >> yeah chattanooga, bad behavior. this is one of the worst in diplomatic history. it's going to lead to tens of thousands of deaths. it gives iran over $100 billion for those kinds of activities and allows them on a glide path to get missiles. atomic bomb spz more conventional weapons. it's also going to need to lead to nuke proliferation. not just with turkey and other countries, but around the world

in 2006 in response to iran's efforts to develop a nuclear weapons program the united nations security council put in place one of the tough etfanctions regimes in it is history which was comply under inned by robust sanctions imposed by the united states several other countries and european union. faced with iran's ongoing non-compliance the u.n. tighted sanctions in 2007 2008 and 2010. this sanctions regime played a critical role laying groundwork for the talks that will give rise to the jcpoa. the second lesson is one most eloquently articulated 50 years ago by president john f. kennedy and echoed last week by president obama quote, let us never noth negotiate out of fear but let us never fear to negotiate, end quote. give us the devastating human toll of war we have a responsibility to test diplomacy. in 2010 when then u.s. ambassador the united nations susan rice spoke in this chamber after the council strengthened sanctions on iran, she cited the ways in which iran had violates its commitments to the iaea and its obligations under prior security council resolutions yet she also said quote, the united states reaffirms our