Full transcript of “Face the Nation with Margaret Brennan,” June 14, 2026

On this week’s “Face the Nation,” hosted by Margaret Brennan, the focus is on the potential truce between the U.S. and Iran, which could end nearly four months of conflict. Defense Secretary Pete Hegseth discusses the anticipated signing of a memorandum of understanding that aims to extend the cease-fire, reopen the Strait of Hormuz, and initiate 60 days of negotiations to address broader issues. Despite these diplomatic efforts, tensions remain high as the Israeli Defense Force strikes Hezbollah targets in Lebanon, complicating the peace process. President Trump remains optimistic that resolving the conflict will help curb rising energy prices, despite inflation reaching its highest level in three years. The program also features insights from Senators Mark Warner and Mark Kelly, as well as former economic adviser Gary Cohn, providing a comprehensive look at the geopolitical and economic stakes involved. QUESTION: How might the potential truce between the U.S. and Iran impact global energy prices and international relations?