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Carmen Roberts
The first tankers crossed the strait. I'm Carmen Roberts, Fox news.
J.D. Vance
Last night, 12.5 million barrels of oil went through the Strait of Hormuz. That is a high since the beginning of the conflict.
Carmen Roberts
Vice President J.D. vance talking to reporters at the White House. A short time ago, as tankers began passing through the strait. And just hours after President Trump and Iran's president electronically signed a deal intended to end the war, three Saudi supertankers loaded with millions of barrels of crude oil passed through the straight, a key test of global oil supplies. And with that, crude prices continue to slide. U.S. crude down almost 3% at $74.61 a barrel. Gas prices also following suit, falling to less than $4 a gallon for the first time since March. President Trump posting on social media. The oil is flowing. Stock markets are soaring. Prices are dropping. You're welcome. As for the military portion, Vice President vance says the U.S. is honoring its side of the deal.
J.D. Vance
Iran on the military side. The Iranians for the second night in a row did not shoot at any ships in the Strait of Hormuz. So so far they are honoring their end of the commitment.
Carmen Roberts
And that deal is drawing criticism, though, from both sides of the aisle. Republican Senator John Cornyn and Democratic Senator Chris Coons expressing their concerns. There's nothing to stop the regime from
Tony Genualdo
beginning to block the Strait of Hormuz again.
J.D. Vance
What a colossal strategic failure.
Carmen Roberts
Literally everything that President Trump said he was trying to accomplish with this war failed to accomplish. A Fox News poll shows the majority of Americans don't believe Iran will stick to the deal. And the Supreme Court rules in favor of a Texas man who says it's not a crime for marijuana users to have guns. Unanimous decision. Justice has ruled that the law barring guns from anyone who uses drugs illegally violates the Second Amendment. America's listening to Fox News.
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Carmen Roberts
The Barack Obama Presidential Library opens to the public tomorrow. Fox's Garrett Tenney has more from Chicago.
Garrett Tenney
Not only is it the most expensive, at around $850 million, it's also the largest, covering 19 acres on the city's south side. It includes an NBA sized basketball court, a branch of the Chicago Public Library, a playground, vegetable garden, and green space for the community. But for a lot of folks community, it's also bringing concerns of gentrification and higher rents. This project was a massive undertaking, but after almost five years of construction, some of the subcontractors who helped build it say they are facing bankruptcy over millions of dollars in unpaid work, not from the Obama foundation, but from the project's construction manager, which tells Fox Digital it is committed to working through any outstanding issues.
Carmen Roberts
In D.C. democratic socialist Janice Lewis Jones is on a glide path to becoming Washington's first socialist mayor. The D.C. council member dominate the mayoral primary, easily defeating nine competitors, including Kenyon McDuffie, who conceded today. And fans of the New York Knicks are rallying in the Big Apple to honor the NBA champions with a parade.
Tony Genualdo
The New York Knicks ticker tape parade is a celebration of the 2026 NBA championship win, but it's also a celebration of Knicks past and present. The Knicks won two titles in the early 70s, but have never had a parade. Up the canyon of heroes here at the base of Broadway, you can see current stars like Finals MVP Jalen Brunson, Karl Anthony Towns and Game 4 hero OG Anunoby. But you can also see former Knicks greats like Bernard King, John Starks and Larry Johnson. And also Walt Clyde Frazier, who never got to experience a parade when he earned his two rings. The confetti pouring down as fans experience a first of its kind celebration that will surely last a lifetime. In lower Manhattan, Tony Genualdo, FOX News
Carmen Roberts
and I'm Carmen Roberts, and this is FOX NEWS.
This edition of the Fox News Hourly Update, anchored by Carmen Roberts, delivers breaking news on global oil flows following a landmark U.S.-Iran deal, a Supreme Court ruling on gun rights and marijuana, the opening of the Barack Obama Presidential Library, a groundbreaking Washington D.C. mayoral primary, and the celebration of the New York Knicks’ NBA championship. The newscast features rapid-fire updates, direct quotes from political leaders, and on-the-ground reporting from correspondents.
Concise, on-the-ground, focusing on breaking developments with straightforward attribution. Direct leader quotations and field reports give the episode a dynamic, news-driven feel.
This Fox News Hourly Update keeps you quickly informed on top national and international stories: major global energy shifts, high court decisions, political milestones, and sports history, with reliable quotes and live reportage anchoring every segment.