Donald Trump's approval rating is rebounding after the White House made strides to end the war in Iran, sending oil prices tanking.

The President's approval rating has ticked up to 47 percent, while his disapproval hovers at 53 percent, according to the latest exclusive Daily Mail/JL Partners survey. 

It is the 80-year-old's highest approval rating this year, since the end of February, just days before the US launched its war against Iran in conjunction with Israel. 

For the past three months, Trump's approval rating in the Daily Mail/JL Partners polls has consistently stayed at 43 percent, up a tick from his all-time lowest approval rating this year at 42 percent in mid-March. 

The improvement signifies American voters' appreciation of the administration's efforts to end the nearly four-month-long war. 

The poll was conducted June 19-21, just after the President visited France for the G7 meeting of world leaders, where Iran peace was a hot topic of discussion. Trump talked repeatedly about wrapping up the war and how its end will juice global markets. 

Trump also signed a memorandum of understanding with Iran to extend the ceasefire and hash out specific terms to end hostilities, and markets have reacted positively.

Gas prices in the US have been on the decline during the same period, dropping to $3.93 from $4.52 per gallon of regular grade, according to AAA. 

'19 millions barrels of oil flowed out of the Hormuz Strait yesterday, an all time record,' Trump celebrated on social media Tuesday morning. 'Oil prices are tumbling down, and the world is a much safer place!'

Voters last month expressed major concerns over the then-teetering US economy as oil prices remained elevated. 

The Daily Mail/JL Partners poll taken in May found that 59 percent of voters said the economy was getting worse. 

According to the survey, Trump still holds a tight grip on his MAGA base with 82 percent of Republicans approving of the President's performance. 

Trump has also overseen a flurry of popular events spanning from the America 250 celebrations to the White House UFC event and the start of the World Cup in June.

Independents, however, remain sour on the Republicans' leadership, with just 38 percent approval compared to 52 percent disapproval. 

Hispanic voters are still firmly within Trump's camp, too, with 45 percent approving of the President compared to 41 percent disapproving. White voters gave Trump a 46 percent approval rating in the latest survey.

Black voters delivered Trump a 38 percent approval rating, while 48 percent disapproved. 

'President Trump appears to have got a direct approval bump from the Iran deal, putting him on his second-highest rating of the year so far,' JL Partners founder James Johnson told the Daily Mail in a statement. 

'That makes sense, given we know voters see a clear link between gas prices and the Iran conflict being open.' 

As Trump has announced a tentative deal to begin negotiating a final peace agreement with Iran, markets have rallied and hit new highs. 

The S&P 500 hit an all-time high on June 2, and so did the Nasdaq Composite. 

Additionally, the Dow Jone Industrial Average hit an all-time high on June 16. 

Despite the gains earlier this month, all have since fallen slightly.