Summary4 min read

Fox News Hourly Update — 8AM ET 06/18/2026 Newscast

Host: FOX News Podcasts
Air Date: June 18, 2026

Overview

This episode delivers a concise roundup of major national and international headlines, focused on President Trump’s new Iran deal following the G7 summit, evolving security dynamics in Europe, significant legal cases, shifts in the U.S. economy, and prominent cultural milestones, including the Obama Presidential Center opening and the New York Knicks’ NBA championship parade.

Key Discussion Points & Insights

1. U.S.–Iran Deal at G7 Summit

President Trump’s Response to Critics
- Trump defended his Iran policy on Truth Social, calling critics “jealous, stupid or bad people,” specifically addressing those who said he wasn’t tough on Iran.
  - Quote (Dave Anthony): “They are either jealous, stupid or bad people. I'm Dave Anthony, FOX News. That's what President Trump posted … about those he calls fools who think he hasn't been tough enough on Iran.” [00:03]
Details of the Agreement
- Both U.S. and Iran signed an accord to end current hostilities.
- Major Provisions:
  - Opens Strait of Hormuz to oil and other shipping, aiming to avoid economic catastrophe.
  - Provides Iran with sanctions relief, a reconstruction fund, and unfreezes some assets.
  - These terms receive criticism from both Republican and Democratic lawmakers.
  - President Trump’s stance: “it's not our money, it's their money and we froze it. At a certain point in time, I guess we're going to have to give it back.” [Sports Commentator, 00:38]
Implications and Regional Response
- The agreement is an extension of the U.S.–Iran ceasefire, not a permanent resolution.
- Trump allows that Iran can retain “some missiles because neighboring countries have missiles,” which drew significant regional reaction.
- Warning: If Iran does not fully comply and give up its nuclear program, Trump promises to resume military actions.
  - Quote (Trey Youngster): “If they don't adhere to the terms of this deal … he would resume the bombing campaign against the Islamic republic.” [00:47–01:15]

2. NATO and American Forces in Europe

Security Recalibration
- War Secretary Pete Hegseth, at a NATO meeting in Brussels, calls for European allies to increase responsibility for continental defense and announces a six-month review of U.S. forces stationed in Europe.
  - Quote: “Calling on allies to take more responsibility for their own security in Europe, capable of deterring right here on the continent and taking the lead in for the conventional defense.” [Dave Anthony, 01:15]

3. FBI Foils White House Attack Plot

Missouri Court Case
- Daniel Eskridge, one of the men charged in an alleged plot to attack the White House, appears in court.
- The plan: Use drones with explosives at the UFC Freedom250 event, force evacuation, then deploy snipers to target high-value individuals.
  - Quote (Chanley Painter): “Prosecutors say the five men arrested plan to deploy drones armed with explosives in and around the UFC Freedom250 event last Sunday … then planned to deploy snipers to fire upon high value targets within the fleeing crowd.” [01:37–01:54]

4. Economic Outlook Post-Iran Deal

Energy & Markets
- Reopening the Strait of Hormuz drives oil prices down nearly 2%; national average gas below $4/gallon for regular.
- Wall Street rebounds after a prior sharp sell-off.
  - “Gas has dipped back down just under $4 a gallon now for AAA's national average for regular.” [Dave Anthony, 02:23]
Federal Reserve Update
- New Fed Chairman Kevin Warsh keeps rates steady; inflation above the 2% target.
- President Trump has criticized prior Fed policy, pushing for lower rates.
  - Quote (Jared Halpern): “Warsh … says the Board of governors was unanimous in keeping rates steady as inflation remains above the Fed's target of 2%.” [02:59]

5. Cultural Highlights

Obama Presidential Center Grand Opening

Event Details
- Chicago hosts the opening ceremony at 11am Central, celebrating Obama-era values.
- Star-studded Lineup: Bruce Springsteen, Bono & The Edge (U2), Eddie Vedder (Pearl Jam), Stevie Wonder, John Legend, Michelle Obama, and more.
  - Quote (Michelle Paulino): “The live streamed event brings together global leaders, artists, change makers and citizens for an inspiring celebration of the values that shaped the Obama presidency.” [03:26]

New York Knicks Win NBA Championship

Celebration Parade
- Manhattan is preparing for the Knicks’ first title parade in 53 years, uniting the city in celebration.
  - Quote (Sports Commentator): “We're here. We're bonded by one team, one city, one championship.” [04:09]

Notable Quotes & Memorable Moments

President Trump on Iran critics:
“They are either jealous, stupid or bad people.” [Dave Anthony quoting President Trump, 00:03]
On Iran and frozen assets:
“It's not our money, it's their money and we froze it.” [Sports Commentator quoting Trump, 00:38]
On resuming conflict if Iran reneges:
“He would resume the bombing campaign against the Islamic republic.” [Trey Youngster, 01:15]
On Knicks’ NBA title:
“We're here. We're bonded by one team, one city, one championship.” [Sports Commentator, 04:09]

Timestamps for Important Segments

U.S.–Iran Deal Announcement & Analysis – 00:03–01:15
NATO/European Defense & U.S. Troop Review – 01:15–01:37
Foiled White House Attack Plot – 01:37–01:54
Economic Impact of Iran Deal / Fed Decision – 02:23–03:23
Obama Presidential Center Opening – 03:23–04:07
Knicks NBA Championship Parade – 04:07–04:20

This newscast offers a fast-paced yet thorough briefing on significant political, economic, and cultural events driving the day’s headlines.

Loading summary

Transcript20 lines

[00:03]
Dave Anthony
They are either jealous, stupid or bad people. I'm Dave Anthony, FOX News. That's what President Trump posted on Truth Social about those he calls fools who think he hasn't been tough enough on Iran. The morning after he signed the deal with Iran at the end of the G7 summit in France to end the conflict.
[00:19]
Sports Commentator
We're never going to let them have a nuclear weapon now.
[00:21]
Dave Anthony
Iran's president also signed the agreement that will open the Strait of Hormuz to oil and other shipping, which President Trump says will avoid an economic catastrophe. The deal also gives Iran sanctions relief, sets up a reconstruction fund and would unfreeze some of their assets, which is getting criticized by some Republicans and Democrats in Congress. But the president insists it's not our
[00:39]
Sports Commentator
money, it's their money and we froze it. At a certain point in time, I guess we're going to have to give it back.
[00:45]
Dave Anthony
Fox's Trey Youngster reports from Tel Aviv.
[00:48]
Trey Youngster
As for the missile program of Iran, President Trump said from France yesterday that the Iranians will have some missiles because neighboring countries have missiles. There was a lot of reaction across the region to those comments. But this is not a final deal with the Iranian regime. This is an extension of the ceasefire between the United States and Iran. He said if they don't adhere to the terms of this deal and don't ultimately give up their nuclear program, that he would resume the bombing campaign against the Islamic republic.
[01:15]
Dave Anthony
War Secretary Pete Hegseth is at a NATO meeting in Brussels calling on allies to take more responsibility for their own security in Europe, capable of deterring right here on the continent and taking the lead in for the conventional defense of. Also announced a six month review of American forces stationed in Europe. One of the men charged in the plot the FBI thwarted to stage a White House attack, Daniel Eskridge, due in court today in Missouri.
[01:37]
Chanley Painter
Prosecutors say the five men arrested plan to deploy drones armed with explosives in and around the UFC Freedom250 event last Sunday in order to force an evacuation and then planned to deploy snipers to fire upon high value targets within the fleeing crowd.
[01:54]
Dave Anthony
That's fox's Chanley Painter. America's listening to FOX News News drink response.
[02:00]
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[02:24]
Dave Anthony
Well, this US Iran deal reopening the Strait of Hormuz has oil prices down another almost 2%. Gas has dipped back down just under $4 a gallon now for AAA's national average for regular. On Wall street, stock futures are rising the day after a big sell off dragged the Dow down 500 points off its record high following a Fed decision.
[02:44]
Jared Halpern
There's new leadership at the Federal Reserve, but for the time being, the central bank is not making changes to its key interest rate.
[02:50]
Dave Anthony
Economic activity is expanding at a solid pace despite elevated uncertainty that owes in part to to the conflict in the Middle East.
[02:59]
Jared Halpern
Federal Reserve Chairman Kevin Warsh, confirmed to his post last month after being nominated by President Trump, says the Board of governors was unanimous in keeping rates steady as inflation remains above the Fed's target of 2%. President Trump has pushed for lower rates and was critical of policy decisions made during the tenure of former Fed chair Jerome Powell. In Washington, Jared Halpern, FOX NEWS this
[03:23]
Dave Anthony
is a big day in Chicago.
[03:26]
Michelle Paulino
Bruce Springsteen, YouTube, Bono and the Edge and Pearl Jams Eddie Vedder are in the lineup for the grand opening of the Obama Presidential center in Chicago at 11 Central Time. The reveal on Instagram came by way of a group chat featuring former President Barack Obama, adding people to his phone chat, who will also appear at the ceremony. The lineup also includes former first lady Michelle Obama, Stevie Wonder, John Legend and more. The Obama Presidential Center's official website says in part, the live streamed event brings together global leaders, artists, change makers and citizens for an inspiring celebration of the values that shaped the Obama presidency. Michelle Paulino, FOX NEWS it's celebration day
[04:07]
Dave Anthony
in New York for Knicks fans.
[04:09]
Sports Commentator
We're here. We're bonded by one team, one city, one championship.
[04:14]
Dave Anthony
He's staked out his spot in Manhattan last night for this morning's victory parade that starts in a few hours after the Knicks won their first NBA title in 53 years. I'm Dave.
[04:20]
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