12PM ET 08/03/2026 Newscast

Summary

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Fox News Hourly Update – 12PM ET, August 3, 2026

Theme:
A fast-paced roundup of top national and international news, delivering updates on the Iran nuclear talks, U.S. domestic politics, national wildfires, AI testing, the Michigan Senate primary, a historic Israeli commando tribute, and the latest in box office records.

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Key News Segments & Insights

1. Iran Nuclear Talks & Potential Deal

[00:03–00:39]

• De-escalation in the Gulf:

  • President Trump announced he called off what would have been “the biggest strike since World War II” following progress with Gulf allies toward an Iranian deal.
  • “When the allies ask to call it off, you gotta sort of say, well, let’s see. And the reason they asked is I think there’s a deal.” — President Trump [00:22]
  • White House optimism: President cited new parameters to halt Iran’s nuclear threat and reopen the Strait of Hormuz.
  • Iran denied direct talks with the U.S., but confirmed ongoing discussions with Oman regarding the strait.

• Senatorial Warning:

  • Indiana Republican Senator Jim Banks starkly warned:
    “If the Iranians don’t come to the table and rapidly make an agreement to end their nuclear program and reopen the strait, then President Trump is going to bomb the hell out of them again.” — Senator Jim Banks [00:47]

2. Economic & Political Updates

[00:58–01:31]

• Market Response:
  • News of a potential deal sent West Texas Intermediate crude prices below $79/barrel and propelled the Dow up over 500 points. [00:58]
• Senate Confirmation Moves:
  • Acting Attorney General Todd Blanche’s confirmation now likely after rescinding a $1.8B fund proposal (intended to compensate those who felt unfairly prosecuted by the Biden DOJ).
  • Senators Cornyn (TX) and Tillis (NC), previously opposed, now back Blanche’s nomination.

3. Wildfires in Washington State

[01:31–01:56]

• Crisis Near Communities:
  • Lighter winds and lower temperatures offer some hope for firefighters.
  • Over 600 structures destroyed, though remarkably, no reported injuries or fatalities—“but that could change given the wide scale range of this fire.” — Wildfire Reporter [01:40]
  • Fires have threatened homes, neighborhoods, and businesses.

4. U.S. Domestic: AI & Michigan Senate Primary

[01:56–02:51]

• AI Policy:

  • The Trump administration finalized advanced testing details for AI models. Major tech companies set to meet at the White House for further discussion.

• Michigan Senate Primary Heats Up:

  • Last day of campaigning before the primary.
  • Progressive candidate Abdul Al Said backed by prominent progressives (Rashida Tlaib, Ayanna Pressley, Summer Lee, Bernie Sanders, Ilhan Omar, and commentator Hasan Piker).
  • Al Said’s platform includes opposition to Israel’s government, abolishing ICE, and Medicare for all.
  • Opponent Haley Stevens, running with establishment support (Jim Clyburn, Gretchen Whitmer)—argues she’s best positioned to beat presumed GOP nominee Mike Rogers.

5. International: Honoring an Israeli Commando

[02:51–03:39]

• Historic Tribute:
  • Uganda’s military dedicates a monument to Yonatan Netanyahu, the Israeli commando killed in the 1976 Entebbe hostage rescue (and brother of Israel’s current prime minister).
  • The Entebbe raid, in response to the hijacking of Air France Flight 139, ended with 102 hostages freed; Netanyahu, three hostages, all hijackers, and dozens of Ugandan soldiers died.
  • “That daring assault freed 102 hostages in under an hour.” — Therese Crowley [03:21]

6. Entertainment: New Box Office Record

[03:39–End]

• Spider-Man Tops the Charts:
  • “Spider-Man: Brand New Day” nets $360 million in North American ticket sales over the weekend, eclipsing Avengers: Endgame’s 2019 record.
  • This marks a new milestone in box office history for Sony Pictures.

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Notable Quotes & Timestamps

• On Iranian Diplomacy:
  “When the allies ask to call it off, you gotta sort of say, well, let’s see. And the reason they asked is I think there’s a deal.”
  — President Trump [00:22]

• On Potential Escalation:
  “If the Iranians don’t come to the table and rapidly make an agreement...President Trump is going to bomb the hell out of them again.”
  — Senator Jim Banks [00:47]

• On Wildfire Threats:
  “Over 600 structures have been destroyed at this point in time. No injuries, no fatalities. But that could change given the wide scale range of this fire.”
  — Wildfire Reporter [01:40]

• On The Entebbe Operation:
  “That daring assault freed 102 hostages in under an hour.”
  — Therese Crowley [03:21]

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Segment Timestamps Overview

• 00:03 – Iran deal, Trump’s comments, and context
• 00:39 – Iran’s official position, U.S. senators’ warnings
• 00:58 – Economic impact, DOJ confirmation progress
• 01:31 – Washington wildfires coverage
• 01:56 – AI policy, Michigan Senate primary
• 02:51 – Entebbe commando tribute
• 03:39 – Spider-Man’s box office record

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Summary:
This episode delivers concise, breaking updates on high-stakes diplomacy between the U.S. and Iran, economic ripples from international negotiations, a major wildfire emergency, pivotal moves in Washington, a hard-fought Senate primary in Michigan, historic recognition for a key Israeli figure, and a record-breaking weekend for superhero cinema. The tone throughout is urgent, focused, and informative, catering to listeners seeking fast, credible news coverage.

Transcript

[Jack Callahan]

Another potential Iranian deal on Jack Callaghan, FOX News. President Trump says he's called off what would have been the biggest strike Since World War II as Gulf allies say they've made progress in talks with Iran.

[Fox News Correspondent]

The president citing what he calls the parameters of a deal having been made to end the nuclear threat, as he called it, from Iran, and opened the Strait of Hormuz.

[President Trump]

When the allies ask to call it off, you got to sort of say, well, let's see. And the reason they asked is I think there's a deal.

[Wildfire Reporter]

Iran.

[Fox News Correspondent]

Iran's foreign ministry this morning saying that the country is not currently holding talks with the US but is in discussions with Oman over the strait.

[Jack Callahan]

Box is Alexandria Ha. The president saying today Iranian leadership is unbelievably duplicitous. Indiana Republican Senator Jim Banks warning Iran

[Senator Jim Banks]

if the Iranians don't come to the table and rapidly make an agreement to end their nuclear program and reopen the strait, then President Trump is going to bomb the hell out of him again

[Jack Callahan]

with word of a potential deal. West Texas Intermediate crude is now below 79 a barrel. Wall street the Dow is trading more than 500 points higher. Senate confirmation for acting Attorney General Todd Blanche to take that job permanently now more likely to Republican Senators Cornyn of Texas and Tillis of North Carolina had been threatening to block his confirmation but now say they will vote for it. Over the weekend, Blanche rescinding plans for a $1.8 billion anti weaponization fund to compensate people who'd believed they'd been prosecuted unfairly by the Biden Justice Department. Lighter winds and lower temperatures fore in Washington state today. That may help in the fight against several raging wildfires.

[Wildfire Reporter]

What makes these fires so concerning is how close this has all been to homes, to neighborhoods, to businesses. Over 600 structures have been destroyed at this point in time. No injuries, no fatalities. But that could change given the wide scale range of this fire.

[Jack Callahan]

Fox's Sarah Allegre America is listening to FOX News. The Trump administration says it has finalized details of advanced testing for AI models. Representatives of the major tech companies will discuss it at the White House tomorrow. It's the last day of campaigning today before Michigan's primary tomorrow.

[Political Analyst]

The progressive candidate for Senate, Abdul Al Said was campaigning this weekend with Congresswoman Rashida Tlaib, Ayanna Pressley, Summer Lee, Senators Bernie Sanders, Congresswoman Ilhan Omar and controversial commentator Hassan Piker have also appeared for Al Said. He's campaigned against Israel's government and supports abolishing ICE and Medicare for all. Al Said's opponent Congresswoman Haley Stevens has the support of the party Estab, campaigning this weekend with South Carolina Representative Jim Clyburn. Michigan Governor Gretchen Whitmer has endorsed her. Stevens says she has the better chance of defeating the presumptive Republican nominee, former Congressman Mike Rogers, in November.

[Jack Callahan]

Fox's Rich Edson honors for an Israeli soldier who was killed in an anti terrorism raid 50 years ago.

[Therese Crowley]

Uganda's military dedicates a monument to Israeli commando Yonata Netanyahu, the brother of Israel's prime minister, killed in a bold hostage rescue. Air France Flight 139 from Paris to Tel Aviv hijacked in June of 76 by two Germans and two Palestinians who threatened to kill the Jewish and Israeli passengers if Israel didn't free dozens of Palestinian prisoners. Israel dispatched 100 commandos to Entebbe Airport. That daring assault freed 102 hostages in under an hour. Unit commander Netanyahu and three hostages killed along with all seven hijackers and dozens of Uganda soldiers. Therese Crowley, FOX News.

[Jack Callahan]

There's a new box office champion, Spider man, brand new day netting $360 million in ticket sales at North American theaters over the weekend, according to Sony Pictures. That eclipses the old record holder endgame, which had held the record since 2019. I'm Jack Callahan. This is FOX News.