The Fox News Rundown
The Fox News Rundown

Business Rundown: Markets Brace For An End Or An Escalation In Iran

Apr 06, 2026 · 11m

President Trump is issuing an ultimatum for Iran: reach a deal and open the Strait of Hormuz or face the force of the United States military. With a Tuesday deadline looming, the market is bracing for either an end to Operation Epic Fury or the beginning of an escalation. Lou Basenese is a FOX News Contributor and Executive Vice President for Market Strategy at the Prairie Operating Company and he joins FOX Business Network’s Gerri Willis to discuss what the …

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