12PM ET 06/18/2026 Newscast

Summary

Fox News Hourly Update – 12PM ET, June 18, 2026

Episode Overview

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.

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Key Stories & Discussion Points

1. Strait of Hormuz Oil Flow Restored After U.S.-Iran Deal

• Historic Shipment:
  • 12.5 million barrels of oil passed through the Strait of Hormuz last night—the largest volume since the start of recent conflict ([00:07], J.D. Vance).
• Breakthrough Agreement:
  • The shipments commenced mere hours after President Trump and Iran’s president electronically signed an agreement intended to end the war ([00:14], Carmen Roberts).
• Tanker Movement:
  • Three Saudi supertankers carried millions of barrels, testing global oil supply routes.
  • Crude oil prices dropped nearly 3% to $74.61 per barrel, with U.S. gas prices falling below $4/gallon for the first time since March ([00:14], Carmen Roberts).
• Market Reaction:
  • President Trump celebrated on social media:
    • “The oil is flowing. Stock markets are soaring. Prices are dropping. You’re welcome.” ([00:14], Carmen Roberts paraphrasing Trump)
• Military Compliance:
  • Vice President J.D. Vance confirmed:
    • “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.” ([01:04], J.D. Vance)

2. Political Pushback & Public Skepticism

• Bipartisan Criticism:
  • Both Republican Senator John Cornyn and Democratic Senator Chris Coons voiced doubts:
    • "There’s nothing to stop the regime from ... beginning to block the Strait of Hormuz again." ([01:25], Tony Genualdo, paraphrasing critics)
    • “What a colossal strategic failure.” ([01:28], J.D. Vance quoting critics)
    • “Literally everything that President Trump said he was trying to accomplish with this war failed to accomplish.” ([01:31], Carmen Roberts summarizing criticism)
• Public Opinion:
  • A Fox News poll shows most Americans are skeptical Iran will honor the deal.

3. Supreme Court Ruling: Marijuana Use and Gun Ownership

• Landmark Decision:
  • The Supreme Court unanimously decided it’s unconstitutional to bar gun ownership from Americans who use marijuana, ruling the law violates the Second Amendment ([01:36], Carmen Roberts).
  • Case involved a Texas man who challenged federal prohibitions ([01:36], Carmen Roberts).

4. Barack Obama Presidential Library Opens

• Grand Opening Details:
  • The $850 million library is the most expensive and largest, spanning 19 acres on Chicago’s south side ([02:22], Garrett Tenney).
• Community Features:
  • Includes an NBA-sized basketball court, a Chicago Public Library branch, a playground, community garden, and ample green space.
• Local Concerns:
  • Community members express worries about gentrification and rising rents.
• Contractor Issues:
  • Some construction subcontractors face bankruptcy due to unpaid bills—not from the Obama Foundation, but the construction manager. The company states it is committed to resolving issues ([02:54], Garrett Tenney).

5. Historic D.C. Mayoral Primary

• Breakthrough Candidacy:
  • Democratic socialist Janice Lewis Jones, a D.C. council member, wins the mayoral primary, positioning to become D.C.’s first socialist mayor ([03:01], Carmen Roberts).
  • Defeated nine competitors; Kenyon McDuffie conceded today.

6. Knicks NBA Championship Parade

• Celebration Details:
  • New York knicks honored with a ticker-tape parade in Manhattan, celebrating their 2026 NBA title—first-ever parade for the franchise ([03:25], Tony Genualdo).
• Star Power:
  • Parade features Finals MVP Jalen Brunson, Karl Anthony Towns, and OG Anunoby, as well as Knicks legends Bernard King, John Starks, Larry Johnson, and Walt "Clyde" Frazier.
• Memorable Moment:
  • “The confetti pouring down as fans experience a first of its kind celebration that will surely last a lifetime.” ([03:58], Tony Genualdo)

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Notable Quotes & Moments

• J.D. Vance (Vice President, on compliance):
  • “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.” ([01:04])
• Carmen Roberts (referencing poll):
  • “A Fox News poll shows the majority of Americans don't believe Iran will stick to the deal.” ([01:31])
• Tony Genualdo (on Knicks parade):
  • “You can see current stars like Finals MVP Jalen Brunson, Karl Anthony Towns and Game 4 hero OG Anunoby...and also Walt Clyde Frazier, who never got to experience a parade when he earned his two rings.” ([03:37])

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Timestamps for Key Segments

• [00:03] – Start: Strait of Hormuz oil shipment update
• [00:14] – U.S.–Iran deal, market reactions, Trump statement
• [01:04] – Military compliance update, VP Vance commentary
• [01:14] – Bipartisan criticism of agreement
• [01:36] – Supreme Court gun rights decision
• [02:16] – Obama Presidential Library opening (Garrett Tenney report)
• [03:01] – D.C. mayoral primary results
• [03:25] – New York Knicks parade (Tony Genualdo report)

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Episode Tone

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.

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For Listeners

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.

Transcript

[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.

[Fox News Announcer]

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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.