Ted Lindner

The 23-story hotel coming down around 8.30, drawing crowds of onlookers.

Developers plan to build a two-tower luxury hotel and residential building scheduled for completion in about four years in the year 2030.

An investigation is still underway in downtown Marine City, Michigan into what police now believe may have been a swatting incident Sunday night.

The incident near Union Street and Water Street.

Was first reported as an active shooter situation.

Residents ordered a shelter in place.

Swatting is when a prankster or someone with sinister intentions calls police and claims a major crime is happening at a specific address where the people at the scene are totally unaware.

The shelter in place order remains in place.

And the cost of gas coming down a bit.

AAA's has average price for a gallon right now $4.12.

Down a penny from Saturday.

Still about 93 cents higher than a year ago at this time.

I'm Ted Linder.

This is Fox News.

The ceasefire holding for now.

I'm Ted Lindner, Fox News.

Iran now allowing ships to transit the Strait of Hormuz.

Fox's Jackie Heinrich with more from the White House.

Oil remains at around $90 per barrel.

Iran has been talking about charging a toll for ships passing through the strait, which President Trump says is unacceptable.