4PM ET 06/25/2026 Newscast
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Did Iran attack a Singapore-flagged cargo ship in the Strait of Hormuz?
Iran goes on the attack. On Lisa Brady, Fox News. A Singapore-flagged cargo ship hit by an Iranian drone as it passed through the Strait of Hormuz, reportedly using a new U.N.-approved route and hit by the Revolutionary Guard.
A U.S. official confirms for us that Iran attacked a cargo ship in the Strait of Hormuz today after Iran was warning ships that transiting the Strait without authorization through them would be dealt with.
Fox's Aisha Hosni at the White House.
How could Iran's plan to toll the Strait of Hormuz affect regional revenue and shipping?
As the regime is eyeing to make billions of dollars through tolling the Strait of Hormuz, the Wall Street Journal is reporting the Islamic Republic estimates that charging for security, safety, and environmental services in the Strait would bring in $40 billion a year in revenue. And the idea, if it's implemented, they say, would bring Tehran cash flow in control that it did not command before the war.
Secretary of State Marco Rubio wrapping up meetings in the Middle East and telling reporters earlier.
One thing that came across very clear is there is zero support, zero support among the Gulf countries for any sort of toll or fees or anything that charges for the use of international waters.
For now, a U.N. agency is pausing the evacuation of ships through the Strait. An inflation gauge closely watched by the Fed hits a three-year high.
The PCE inflation report out today, overall prices up 4.1% over the past 12 months. That's more than double the Fed's target.
But Fox Business' Edward Lawrence also reports the economy grew more than first thought in the first quarter.
The GDP increased 2.1%, which surprised many and turned around the last estimate of under 2%. The expectation is the administration, if it can keep the Strait of Hormuz open, the economy should start growing as it did last year.
What did the latest PCE inflation and GDP reports reveal about the U.S. economy?
Surging oil and gas prices have fueled inflation, though more recently they've been coming down. The Dow up 72 points at the bell, shy of a record after hitting new highs. America is listening to Fox News.
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What are the Supreme Court rulings and pending cases affecting immigration and presidential power?
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Two rulings on immigration policy from the U.S. Supreme Court, both siding with the Trump administration. One greenlights an Obama-era policy once used to limit the daily number of migrants seeking asylum at the U.S.-Mexico border. Another ruling allows the end of temporary legal protections for Haitian and Syrian refugees.
Essentially, it says that the current administration, now that could be a Biden administration, it could be any administration, a Trump administration, that they have the power to make a decision about when to end temporary protected status.
Fox's Shannon Bream, the TPS program currently protects more than a million people from 17 countries from potential deportation.
How do Americans feel about religious expression in public schools and what are market reactions today?
But several high profile decisions are not out yet.
Eight cases argued this term are still undecided by justices, including a challenge to President Trump's executive order ending birthright citizenship. Justices are considering additional cases about presidential power after President Trump's efforts to remove a member of the Federal Reserve's Board of Governors and a member of the Federal Trade Commission. Cases remain over campaign finance regulations and mail-in ballot rules. And before the term ends, likely before the end of next week, we expect opinions and cases about states' restrictions on transgender students participating in school athletics. In Washington, Jared Halpern, Fox News.
A new national survey finds most Americans favor some form of religious expression in public schools, but most prefer that it be voluntary.
Six in ten Americans surveyed by the Pew Center say they support allowing teacher-led school prayer, but only if students don't have to participate. Half of the 3,500-plus respondents favor displaying the Ten Commandments in public school classrooms, but most religiously unaffiliated Americans oppose these religious expressions.
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Chapters
5 chapters
1
Did Iran attack a Singapore-flagged cargo ship in the Strait of Hormuz?
0:02–0:31
2
How could Iran's plan to toll the Strait of Hormuz affect regional revenue and shipping?
0:31–1:47
3
What did the latest PCE inflation and GDP reports reveal about the U.S. economy?
1:47–2:10
4
What are the Supreme Court rulings and pending cases affecting immigration and presidential power?
2:10–2:53
5
How do Americans feel about religious expression in public schools and what are market reactions today?
2:53–4:12