Business correspondent Lauren Simonetti reports on the increase in Iranian attacks on shipping in the Strait of Hormuz and ‘The Big Money Show” panel analyzes the situation in the Middle East and the impact on the energy market.
00:00 Trump: US oil production vs Saudi Arabia and Russia
00:43 Iran escalates attacks in Strait of Hormuz
01:34 Impact on oil exports and rising gas prices
02:23 Houthis building missiles with Chinese parts
03:42 US petroleum liquids vs raw crude capacity
04:30 CRAK ETF: Investing in the refinery bottleneck
05:41The push for permitting reform and Alaska’s role
Subscribe to Fox Business: https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness
