Business Rundown: The President Opens the Toolbox to Cool Energy Prices

Business Rundown: The President Opens the Toolbox to Cool Energy Prices

Author: FOX News Radio March 21, 2026 Duration: 17:29
The Fox News Rundown
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The focus remains on the Strait of Hormuz and the volume of oil flowing through it, as the conflict with Iran continues to drive market volatility. Higher energy prices are fanning inflation fears among investors, and have many of them now guessing when the Fed may cut rates next. However, the Trump administration is working to ease concerns, drawing on its toolbox of tactics to ensure gas prices don't climb too high. This week, Treasury Secretary Scott Bessent says they are considering “un-sanctioning” Iranian oil, which could help relieve supply worries Meanwhile, President Trump continues to pressure allies to help secure the Strait and help stabilize global markets Phil Flynn, a Senior Market Analyst and FOX Business Contributor, joins FOX Business Network's Gerri Willis to share his outlook for oil prices in the coming weeks and how much of an impact he thinks the white house's efforts will have on pump prices and Americans' wallets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Each day begins and ends with The Fox News Rundown, a comprehensive audio briefing from FOX News Radio. Rather than just headlines, this podcast delivers context and depth on the political and governmental stories shaping the national conversation. In the morning, hosts like Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster unpack the major and often contentious developments, leveraging the extensive reporting network of FOX News to present a complete picture. You’ll hear detailed analysis and discussion that goes beyond the surface of the day’s most pressing issues. Then, as the day concludes, the Evening Edition provides a follow-up, capturing late-breaking developments and adding further perspective to the news cycle. It’s designed for anyone who wants to understand not just what happened, but the why and how behind the headlines. Tuning into this podcast means starting and finishing your day with a clear, informed overview of the events that matter most in Washington and around the world.
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