Summary5 min read

Fox News Hourly Update – 7AM ET, March 2, 2026

Main Theme: This episode delivers breaking updates on escalating conflict in the Middle East involving the U.S., Iran, Israel, and regional allies. The newscast covers critical military actions, diplomatic reactions, domestic security concerns, global economic impacts, and notable moments in culture and sports.

Key Discussion Points & Insights

1. Middle East Crisis Escalation

American Jets Shot Down by Friendly Fire
- Three American fighter jets were mistakenly shot down by Kuwait's air defenses amidst chaos as Iran launched missiles at U.S. bases in the region. All crew ejected safely.
  - “Three American fighter jets mistakenly shot down. … They were taken down by Kuwait's air defenses, but the crews all safely ejected as Iran launches missiles at U.S. bases in the region, retaliating to the American and Israeli attacks.” — Dave Anthony [00:02]
Casualties in the U.S. Military
- Since the war began over the weekend, three U.S. troops have died in action and five more are severely wounded. [00:18]
Widening Conflict and U.S. Response
- Over a thousand targets hit in Iran in first 24 hours of “Operation Epic Fury.”
- Iranian and proxy militia missiles targeted the U.S. embassy in Kuwait; Iran also struck Saudi Aramco in Saudi Arabia.
  - “The Pentagon says over a thousand targets have been struck across Iran in the first 24 hours of operation Epic Fury... Iran struck Saudi Aramco, the world's largest oil company.” — Lucas Tomlinson [00:26]

2. Regional and Global Fallout

Hezbollah Enters the Fray
- Hezbollah rockets targeted Haifa, Israel; residents took shelter.
  - “The Lebanese militant group Hezbollah… launching rockets over the border at the northern Israeli city of Haifa send people into bomb shelters.” [00:55]
- Israel retaliated, killing 30+ Hezbollah militants. Iranian attacks in Israel have caused at least nine deaths.
  - “Israel fired back, killing at least 30 Hezbollah militants. Iranian attacks in Israel have killed at least nine people.” — Trey Yingst [01:05]
President Trump's Statement
- Operation against Iran could last “four weeks.” Specifically mentions targeted Iranian military assets.
  - “Revolutionary Guard facilities, Iranian air defense systems. Just now was announced that we knocked out nine ships plus their naval building.” — President Trump [01:16]
- Trump offers prayers and condolences, urges Iranian citizens to take control of their government. Exiled Crown Prince Reza Pahlavi responds with gratitude.
  - “Millions of Iranians and the diaspora around the world have celebrated the death of the top henchman or monster of this regime, Ali Khamenei.” — Crown Prince Reza Pahlavi [01:42]
- Pahlavi announces intent to return to Iran. [01:55]

3. Economic Impact

Market Turmoil
- Oil prices surged by 7%.
- Stock futures fell nearly 500 points; global markets slide 1–2%.
- Travel disrupted: over 2,000 flights canceled, impacting especially Dubai and Abu Dhabi.
  - “Oil prices are surging up 7%. Stock futures are falling on Wall Street and travelers are getting stranded in the Middle East.” — Dave Anthony [00:43]
  - “Dow futures down almost 500 points on Wall street as markets in Asia and Europe fall 1 to 2%. Oil is up almost 7% gold, 3% higher today.” [03:11]

4. Domestic Security Concerns

Possible Terrorism Incident in Texas
- Deadly shooting in Austin, Texas, by a man wearing "Property of Allah" apparel with an Iranian flag undershirt. Suspect identified as Jaga Jogna.
- Drove and shot randomly, ultimately killing two, wounding 14, before being killed by police.
  - “They say Jogna drove to a bar on West 6th street… began shooting out of his car windows, hitting several people. Then… got out with a rifle rather, and allegedly shot more people.” — Madeline Rivera [02:48]
  - “In the end, he killed two and wounded 14 others until police shot and killed him.” — Dave Anthony [03:11]

5. Notable Culture & Sports News

Screen Actors Guild Awards
- “Sinners” wins for Outstanding Cast, Michael B. Jordan (lead actor), Jessie Buckley (lead actress for ‘Hamnet’), “The Studio” (best comedy), “The Pit” (best drama). [03:11]
NASCAR History
- Tyler Redick becomes first driver ever to win first three races in a season.
  - “Three feet for Tyler Redick.” — Greg Thompson [04:21]

Notable Quotes & Memorable Moments

Dave Anthony on Friendly Fire & Retaliation [00:02]
“Three American fighter jets mistakenly shot down. … They were taken down by Kuwait's air defenses, but the crews all safely ejected as Iran launches missiles at U.S. bases in the region, retaliating to the American and Israeli attacks.”
Lucas Tomlinson on Dropping the Hammer [00:26]
“The Pentagon says over a thousand targets have been struck across Iran in the first 24 hours of operation Epic Fury… Iran struck Saudi Aramco, the world's largest oil company.”
President Trump on Truth Social [01:16]
“Revolutionary Guard facilities, Iranian air defense systems. Just now was announced that we knocked out nine ships plus their naval building.”
Crown Prince Reza Pahlavi on Regime Change [01:42]
“Millions of Iranians and the diaspora around the world have celebrated the death of the top henchman or monster of this regime, Ali Khamenei.”
Madeline Rivera on Austin Attack [02:48]
“Jagna, they say, began shooting out of his car windows, hitting several people. Then he drove down the street, parked his car, got out with a rifle rather, and allegedly shot more people.”
Greg Thompson on NASCAR Milestone [04:21]
“Three feet for Tyler Redick.”

Timestamps for Important Segments

[00:02] Breaking: Friendly Fire Incident, Iran Retaliates
[00:24] Casualties & Updates from Pentagon (Lucas Tomlinson)
[00:55] Hezbollah Attacks & Israeli Response (Trey Yingst)
[01:16] President Trump’s Statement & Regime Targeting
[01:42] Exiled Crown Prince Reza Pahlavi Responds
[02:32] U.S. Homefront: Austin Shooting, Terrorism Concerns
[03:11] Market Reaction: Oil, Gold, Stocks, and Flights
[03:11] SAG Awards Recap
[03:52] NASCAR History: Tyler Redick’s Breakthrough

Conclusion

This episode provides a rapid overview of explosive global developments, particularly the U.S.–Iran conflict and its ripple effects, alongside updates on the U.S. homefront and cultural highlights. The tone is urgent, detailed, and focused on relaying facts as they unfold, making clear the far-reaching implications for geopolitics, markets, and public safety.

Loading summary

Transcript20 lines

[00:02]
A
This is a FOX News alert. Three American fighter jets mistakenly shot down. I'm Dave Anthony. They were taken down by Kuwait's air defenses, but the crews all safely ejected as Iran launches missiles at U.S. bases in the region, retaliating to the American and Israeli attacks.
[00:18]
B
Since the war began over the weekend, three members of the US Military have been killed in action and five severely wounded.
[00:24]
A
Fox's Lucas Tomlinson in Istanbul, Turkey.
[00:26]
B
The Pentagon says over a thousand targets have been struck across Iran in the first 24 hours of operation Epic Fury. And there are reports Iranian and Iranian backed militias fired missiles at the US Embassy in Kuwait. And in Saudi Arabia today, Iran struck Saudi Aramco, the world's largest oil company.
[00:44]
A
And oil prices are surging up 7%. Stock futures are falling on Wall street and travelers are getting stranded in the Middle East. Airlines have canceled more than 2,000 flights, more than half to and from Dubai and Abu Dhabi as the conflict widens.
[00:56]
B
The Lebanese militant group Hezbollah, Iran's largest proxy launching rockets over the border at the northern Israeli city of Haifa send people into bomb shelters.
[01:05]
A
Fox's Trey Youngst in Tel Aviv also reports Israel fired back, killing at least 30 Hezbollah militants. Iranian attacks in Israel have killed at least nine people. President Trump says this operation targeting Iran could last four weeks.
[01:17]
C
Revolutionary Guard facilities, Iranian air defense systems. Just now was announced that we knocked out nine ships plus their naval building
[01:27]
A
in that truth social video the president also offered prayers to the Americans wounded and condolences of the families of the three killed. He's also urging Iranians to take control of their government. The supreme leader, dozens of senior officials. Among the 500 plus deaths in Iran, exiled Iranian Crown Prince Reza Pahlavi just thanked the president.
[01:42]
C
Millions of Iranians and the diaspora around the world have celebrated the death of the top henchman or monster of this regime, Ali Khamenei.
[01:55]
A
And the prince just told Fox he wants to return to Iran. America's listening to Fox News.
[02:03]
D
Building a business is hard, but protecting it doesn't have to be with LegalZoom. For more than 20 years, LegalZoom's online tools and network of attorneys have helped over 4 million businesses start strong and stay compliant. Rest easy knowing your business formation is done right from day one with LegalZoom. When you need a legal hand, trust LegalZoom. Get started at legalzoom.com LegalZoom provides access to independent attorneys and self service tools. LegalZoom is not a law firm and does not provide legal advice.
[02:32]
A
As the US And Israel attack Iran a third day and Iran fights back a possible case of terrorism in Texas, a debt deadly shooting carried out by a man wearing a sweatshirt that said Property of Allah with an undershirt that had an Iranian flag on it. Fox's Madeline Rivera has more.
[02:49]
E
Austin police now identifying the suspect as Jaga Jogna. They say Jogna drove to a bar on West 6th street, which is a bustling stretch full of restaurants, bars and music venues. Jagna, they say, began shooting out of his car windows, hitting several people. Then he drove down the street, parked his car, got out with a rifle rather, and allegedly shot more people.
[03:11]
A
In the end, he killed two and wounded 14 others until police shot and killed him. We mentioned the financial fallout and the breakout of war in the Middle East. Dow futures down almost 500 points on Wall street as markets in Asia and Europe fall 1 to 2%. Oil is up almost 7% gold, 3% higher today. They handed out the Screen Actors Guild awards last night, two weeks before the Oscars. Sinners was the winner of the outstand outstanding performance by a cast in the movie. Michael B. Jordan from that movie took home leading actor Jessie Buckley, leading actress for her role in Hamnet the studio best comedy TV series. The Pit won for best drama. A first in NASCAR cup history.
[03:52]
F
In NASCAR's first road course race of the year, the driver to beat was Shane Van Gisbergen who entered having won each of the last five road races, putting him just one away from the all time record. Meanwhile, Tyler Redick, who won each of the first two races this year, was trying to become the first driver ever to win the first three. Sure enough, it was that pair running first and second for most of the final 20 laps before on Fox TV, Redick pulled away.
[04:18]
A
They said this could not be done. It happens today.
[04:22]
F
Three feet for Tyler Redick.
[04:24]
A
That was Greg Thompson reporting. I'm Dave Anthony and this is Fox News.
[04:29]
F
Keep up to date with the very latest in Iran. Follow and listen to the FOX News hourly update podcast and dive deep with the FOX News Rundown podcast. Get them now@foxnewspodcast.com or wherever you listen to your favorite podcasts.