Summary4 min read

Fox News Hourly Update – 10AM ET – July 17, 2026

Overview:
The 10AM update covers escalating U.S.-Iran tensions, rising oil prices, a new British Prime Minister, severe Texas flooding, air quality alerts from North Dakota to North Carolina, a Wall Street selloff, an insider trading probe inside the White House, upcoming World Cup security measures, and key Open Championship highlights.

Key Discussion Points & Insights

1. U.S.-Iran Tensions and Middle East Crisis

Military Strikes and Escalation
- The U.S. began its sixth straight night of airstrikes targeting Iranian military infrastructure, including bridges, roads, and air defense sites. (00:03)
- "Doing what President Trump warned Iran he would." – Dave Anthony [00:03]
- Iran responds by admitting to power grid disruptions for the first time and urges citizens to limit power use. (00:19)
Houthi Threats in the Red Sea
- Iran threatened to send Houthi rebels to attack shipping in the Red Sea if airstrikes hit Iran’s power grid.
- UK Maritime Trade Operations reported an illegal boarding of a ship off Yemen; details remain scarce. (00:19)
- "We don't have a lot of information beyond that, but we're keeping an eye on it." – Correspondent (00:44)
Iran’s Counterattacks
- Iran launched missiles and drones targeting American bases in Gulf countries.
Oil Prices Surge
- Oil prices have climbed over 3%, pushing WTI above $81/barrel, the highest in a month. Gas prices up 9 cents in two days; national average now $3.98/gallon, $1 higher than pre-conflict. (00:48)

2. Political Changes in the UK

Labour Party Leadership and Prime Minister Transition
- Andy Burnham, newly elected Labour leader, to become Prime Minister Monday after Keir Starmer’s resignation.
- Notable quote: "This is a last chance to change and we must take it together." – Andy Burnham [01:11]

3. Severe Weather: Texas Flooding

Tragic Losses and Widespread Damage
- Two people killed in Texas after flooding swept away vehicles; hundreds needed rescue during record rainfall exceeding two feet. (01:33)
- "It was round after round just battling this region and people trying to get out of harm's way from all the water and the rivers exploding. Many roadways in the area still endangered, not passable." – Robert Ray, FOX Weather (01:49)

4. Environmental Alerts: Poor Air Quality

Smoke from Wildfires
- Unhealthy air quality alerts in effect from North Dakota to North Carolina, blamed on smoke from wildfires in Canada and Minnesota. (01:49)

5. Financial Update: Wall Street Sell-Off

Market Declines Led by Tech
- The NASDAQ suffers a 384-point drop; S&P down 53; Dow off 67. (02:16)

6. White House Insider Trading Probe

Alleged Prediction Market Scandal
- President Trump’s teleprompter operator, Gabriel Perez, is under investigation for allegedly winning $100,000 by betting on the content of speeches via the prediction market Cal Sheet. (02:35)
- The White House put Perez on unpaid leave as the probe continues.
- Caroline Levitt, White House Press Secretary: "I'm aware of the report. The president is too. I spoke with him about it. He believes it's deeply unfortunate and frankly a disgrace." (03:02)
- The Commodity Futures Trading Commission identified the suspect due to unusual bets. (03:10)

7. Security Preparations for World Cup Final

Heightened Law Enforcement Measures
- The World Cup championship (Argentina vs Spain) in East Rutherford, NJ, is classified as a Level 1 Special Event, triggering intense multi-agency preparations. (03:20)
- Security features: AI cameras, robot dogs, counter-drone tech, federal airspace restrictions, and coordination between FBI, DHS, New Jersey State Police, among hundreds of agencies.
- "The final classified As a Level 1 Special Event Assessment rating, the highest level of federal security, triggering the massive multi agency coordination." – Jeff Manasso (03:35)
- Match scheduled for 3pm Eastern on Fox. (03:54)

8. Open Championship Golf Milestones

Record-Tying Performances
- Lucas Herbert tied the record for lowest round (62) in a men’s major—missed out on a 61 at the last hole. (03:54)
- American Sam Burns also shot 62, sharing third place.

Notable Quotes & Memorable Moments

On Iran Conflict:
"Doing what President Trump warned Iran he would." – Dave Anthony [00:03]
"Iran has now acknowledged for the first time disruption of the power grid and they've asked residents to scale back." – Correspondent [00:24]
On Political Change in Britain:
"This is a last chance to change and we must take it together." – Andy Burnham [01:11]
On Texas Flooding:
"It was round after round just battling this region and people trying to get out of harm's way from all the water and the rivers exploding." – Robert Ray, Fox Weather [01:49]
On White House Insider Trading Scandal:
"He believes it's deeply unfortunate and frankly a disgrace." – Caroline Levitt, White House Press Secretary [03:02]
On World Cup Security:
"The final classified As a Level 1 Special Event Assessment rating, the highest level of federal security, triggering the massive multi agency coordination." – Jeff Manasso [03:35]

Timestamps for Key Segments

U.S.-Iran Bombings & Red Sea Threats: 00:03–00:48
UK Politics – New Prime Minister: 01:11–01:15
Texas Flooding: 01:33–01:49
Air Quality Alerts: 01:49–02:00
Wall Street Sell-Off: 02:16–02:35
White House Betting Probe: 02:35–03:10
World Cup Security Preview: 03:20–03:54
Open Championship Golf Update: 03:54–End

This summary captures the episode’s key developments, direct quotes, and offers a clear timeline—helpful for anyone who missed the broadcast.

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Transcript15 lines

[00:03]
A
Doing what President Trump warned Iran he would. I'm Dave Anthony. FOX News. The American military's hit bridges in the sixth straight night of bombing and roads directly affecting Iran's revolutionary guard as U.S. central Command says they went after military targets, also including air defense sites.
[00:19]
B
Iran threatened to dispatch Houthi rebels to disrupt shipping traveling through the Red Sea if the US Bombed their power grid. Iran has now acknowledged for the first time disruption of the power grid and they've asked residents to scale back. And today we have a report through the United Kingdom Maritime Trade Operations that a ship off the coast of Yemen to the southern end of the Red Sea in the Gulf of Aden has now been illegally boarded. We don't have a lot of information beyond that, but we're keeping an eye on it.
[00:48]
A
Fox's Mike Tobin in Tel Aviv. Iran has also launched missiles and drones in the Gulf countries of American bases. Oil prices rising even more as the conflict worsens up more than 3% to the highest levels in a month. With WTI back over 81 bucks a barrel. Gas has surged back up 9 cents the past two days. Triple A's national average for regular 3.98 a gallon. That's a dollar more than before the conflict. Change is coming in Britain.
[01:11]
C
This is a last chance to change and we must take it together.
[01:16]
A
That's Andy Burnham, a recently elected member of Parliament made leader of the Labour Party today. So on Monday, Burnham will take over as the next British prime minister, replacing Keir Starmer, who resigned. Two people are being mourned in Texas, killed in flooding, their vehicles swept away. Hundreds more needed rescue after heavy rain poured down more than two feet of it.
[01:34]
D
It was round after round just battling this region and people trying to get out of harm's way from all the water and the rivers exploding. Many roadways in the area still endangered, not passable.
[01:49]
A
Fox Weather's Robert Ray in San Antonio. There are unhealthy air quality alerts, North Dakota to North Carolina, as smoke from Canadian and Minnesota wildfires leaves a haze in the air. You can smell America's listening to FOX News.
[02:00]
E
Cheers to America's 250th birth. Get 20% off your first purchase at foxnewswineshop.com with code FNRADIO20. 20% discount excludes wine club offers and cannot be combined with any other promotion. Expires July 31, 2026. Must be 21 order to order. Please drink responsibly.
[02:17]
A
Well, there's a sell off on Wall street led by tech stocks falling. The NASDAQ is dropping 384 points. The Dow is only down 67. The S&P 500 losing 53 points. There's another case of possible insider trading involving prediction markets, this one from inside the White House.
[02:36]
F
President Trump's longtime teleprompter operator Gabriel Perez is suspected of winning more than $100,000 by placing bets on the contents of presidential speeches on the prediction market. Cal Sheet. White House press secretary Caroline Levitt says the aide is on unpaid administrative leave as the investigation moves forward.
[02:55]
G
I'm aware of the report. The president is too. I spoke with him about it. He believes it's deeply unfortunate and frankly a disgrace.
[03:02]
F
How she alerted unusual bet to the Commodity Futures Trading Commission. That agency was able to identify the individual at the White House.
[03:11]
A
Jared Halpern, FOX News Soccer's big World cup finale is Sunday in New Jersey and it's not just Argentina and Spain getting ready. Law enforcement is prepping too.
[03:21]
H
The championship match between Argentina and Spain and East Rutherford, New Jersey will be surrounded by a massive multi agency task force including the FBI, DHS and New Jersey State Police, along with hundreds of other agencies utilizing AI cameras, robot dogs, counter drone technology, along with federal airspace restrictions. The final classified As a Level 1 Special Event Assessment rating, the highest level of federal security, triggering the massive multi agency coordination. Jeff Manasso, Fox News.
[03:54]
A
Sunday's match will be 3pm Eastern on Fox. It's been quite a day at golf's Open Championship in England. Lucas Herbert tied the record low round for a men's major tournament at 62, giving him a two shot lead over Jackson Suberbs. Herbert missed a short putt on 18 that would have given him a 61 a short time ago. American Sam Burns also shot a 62. East side for third place. I'm Dave Anthony, this is Fox.