Business Rundown: The Global Energy Supply Shock From The Strait of Hormuz
The Fox News Rundown

Business Rundown: The Global Energy Supply Shock From The Strait of Hormuz

2026-03-16
Keeping oil flowing through the Strait of Hormuz remains a primary concern for the U.S. as Operation Epic Fury continues. President Trump is calling on international partners to help secure the waterway and ensure tankers can safely transport oil. While prices remain elevated, the administration is trying to assure Main Street and Wall Street that the impact of climbing energy prices will only last a few weeks. Lou Basenese—FOX News Contributor and Executive VP for Market Strategy at Prairie Operating C...
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