likely to shutdown the oil movement through the strait of hormuz. we have nic robertson joining us near the strait. nic, good morning. >> reporter: good morning, dave. it is causing concern because, of course, 20% of the oil supply goes through the strait of hormuz. that is 20 to 30 miles north of here. we are at the gulf of oman. iranian military exercises are taking place in the gulf of orman and the straits of hormuz. one reason why the oil facility here has been developed. the oil facility here actually is at the end of the pipeline that bypasses the strait of hormuz. 1.5 million barrels a day. these are piped out to sea safely here. the concern regionally and in washington is the rhetoric coming from tehran saying that if they are not allowed to sell their oil, no one will be able to pass the oil through the strait of hormuz. this is causing concern in washington with the military exercises. they describe them as involving dozens of small boats. it is not clear if this is to put meat on the bones to send a message or what it is. we will know in

tehran is likely to shutdown the oil flow through the strait of hormuz. this exercise was planned, but starts intensifying rhetoric with the u.s. we have nic robertson joining us from oman at the strait of hormuz. nic. >> reporter: you see pictures of u.s. officials showing the dozens of boats in the military exercise which is coming earlier in the year than anticipated. normally around november time. it is organized by iran islamic revolutionary guard corps. the commander of the corps in the last week and month prior has gone on the record and said clearly if iran cannot export oil products from the region through the straits of hormuz, then no one will be able to do. it has been echoed by the president of iran and supreme leader of iran. right now, no official comment from iranians. that is a concern. are they putting meat on the bones of the rhetoric we have been hearing recently. president trump has warned them of serious consequences if they follow through. in the region here, we are not hearing anything from regional players here. for example, here i

this can close off the strait of hormuz. iran can do. close off the strait of hormuz. iran can do. this can close off the strait of hormuz. iran can do. this can close off the strait of hormuz.iran can do. this can close off the strait of hormuz. >> would that not cause rouge r -- huge ripple effects through the straits? >> absolutely. that's why i don't think iran is really intent on closing off the strait of hormuz. if they would do so, not only would they not be able to export their own oil, they would very possibly invite military action by the united states or its regional allies. as you mentioned, china, iran's only remaining customer for oil plus iran's main trade partner would be hit very hard by a rise in energy prices and by shortage of oil. they would alienate the chinese if they close off the straight of hormuz. >> what are iranians making of donald trump's offer? casually stated that he would be willing to meet with no conditions. >> what the iranian officials would say or have said is something that's pretty clear. they are

well i would say that depends on how serious iran is on blocking the strait of hormuz they have threatened to close it and that's done that previously and the strait of hormuz is the crucial conduit for global energy supplies and the narrow passage in the persian gulf to senator ted the movement of some thirty to thirty five percent of the world's maritime all trade so now the conflict around iran has gained momentum after the reimpose sanctions so charmed by enzo on emo thera choosing a very strong and bold way you have very strong gestures and that could definitely lead to an escalation and u.s. officials said the u.s. assesses that the exercise in the strait as part of me being held in response to rising restoring from the u.s. so some do saying this is wrong targeting the united states as an answer to these new imposed sanctions and terrorists as you said they've made the threat before it's a very strong bargaining chip that they do have but what's the likelihood that they'll use it. well that it's hard to say from here and in the moment it's certainly the ball fads and as you mentione

will grab the attention of the business world for sure iran is threatening to shut down the strait of hormuz in response to those u.s. sanctions the strategic waterway links the indian ocean with the gulf it's a crucial route for shipping energy supplies of crude oil and liquefied natural gas on the average around nine eighteen million barrels of petroleum products are transported every day from the arab gulf states to the rest of the world almost a third of all oil traded at sea passes through the strait any disruption could trigger a major supply issues and unsettled markets let's go over to sophie szymanski she's on wall street for us tonight so if we could this spock and oil crisis well i would say that depends on how serious iran as i'm blocking the strait of hormuz they have threatened to close it and that's done that previously and the strait of hormuz is the crucial conduit for global energy supplies and a narrow passage in the persian gulf to send its head the movement of some thirty to thirty five percent of the world maritime all three so now the conflict around iran has gained mo

they would actually alienate the chinese if they close off the strait of hormuz. >> what are iraniansaking of donald trump's offer, somewhat casually stated that he would be willing to meet with rouhani with no conditions? >> well, what the iranian officials would say -- have said is something that is obviously pretty clear, idealogical and haven't wanted to speak publicly to the united states in the past 40 years but i went on the streets and spoke to many ordinary iranians, a building construct constructor, lawyer, hair dresser and all said unanimously, why don't we talk to donald trump and of course, this remark comes from a certain background and background is iran's declining economy, the iranian national currency lost over 80% of its value, fa reed, in the last hour. take your bank account and just deduct 80%. that's the -- that's what happened to iran's -- to the purchasing power of iranians here in this country because of mismanagement by iran's leaders but also because of the threats of sanctions, sanctions that will be implemented in a first round u.s. sanctions from august

he has said if iran is unable eggs port i'll through the strait of hormuz, that one else will.hoed by the supreme leader. that's the concern here because it looks like this military exercise as these pentagon officials are calling it could be a hint that that's iran's intention to block that. what we know about the sanctions, however, that some come into effect early next week. >> that would affect buying a dollar's hard currency, buying gold or other precious medals. that seems to be having an effect on the economy at the moment. but the effect on oil products and shipping ie the strait of hormuz, that's not due to come into effect until november. so why this military exercise now? again, it's that question mark that has everyone wondering what the intent is. >> and if they were to shut down the strait of hormuz, what would be involved? who would be involved opening back up? >>. >> reporter: it's a tough question to answer, what we've seen in the spacecraft when there was threats, it was iran-iraq war in the ''80s that led to what is known as tank awards going through, ships w

port on the gulf of oman is at the end of a massive pipeline begun a decade ago to bypass the strait of hormuz. >> it has always been considered as kind of natural hedge against any geopolitical risk that would take place. >> reporter: so a backup. >> a backup. >> reporter: in recent weeks, a war of words has been escalating between washington and tehran. iran's president warning a war with iran would be the mother of all wars. president trump firing back in all caps demanding an end to threats or else face serious consequences. then changing to this tactic. >> i believe in meeting. i would certainly meet with iran if they wanted to meet. i don't know if they're ready yet. they are having a hard time. >> reporter: the iranians not taking up the offer. so what is expected to happen in ir iran? pulling out of the nuclear deal begins monday, that will be when the first raft of sanctions become reimposed on iran. and that is undoubtedly and is already causing economic hardship there. >> all right abo, we appreciate. we'll be paying attention of course to this story. >>> russia is still reaching ou

the secretary of state says, quote, the islamic republic of iran does not control the strait of hormuzaterway. the united states will work with our partners for freedom of navigation and free flow of commerce in the international waterway. iran went to court over renewed us sanctions. benjamin hall breakdown what it means for us. >> reporter: suffering under sanctions, today they pushed back by trying to sue the us, expansions violated little-known 1955 meeting. >> propagating the policy intended to damage as soon as possible iran's economy. >> reporter: secretary pompeo responded iran's claims, the us would vigorously defend against them. as they were quoting a friendship treaty, there were ministry threats, has full control of the persian gulf and strait of hormuz, 20% of the world's oil goes there. inside iran, cracks are showing. on sunday the finance minister, was voted out due to the country's economic woes. which he also blamed on the us. >> translator: the enemy targeted our economic fortification by imposing sanctions, putting out people under pressure to stir dissatisfaction.

we are aware of the increase in iranian naval operations within the arabian gulf, strait of hormuz and gulf of oman. we are monitoring it closely and will continue to work with our partners to ensure freedom of navigation and free flow of commerce in international waters. you can take that statement to be a message from the u.s. military back to the iranian military, we're watching, we're seeing what you're doing. do not mess with international oil trade. brooke. >> happening in the next 48 hours. barbara starr, i know you'll be watching it closely. we'll talk again. thank you so much. >>> just ahead here, president trump escalating the trade war, proposing a tariff hike on $200 billion in chinese goods. this as he said at that rally last night speaking to farmers, who had been really hit by these tariffs, they can take it. what i want to ask is can they? an iowa soybean farmer joins me next. liberty mutual saved us almost $800 when we switched our auto and home insurance. with liberty, we could afford a real babysitter instead of your brother. hey! oh, that's my robe. is it? when you

a big market story, threatening, saying it has full control of both the persian gulf and the strait of hormuz but does it? what exactly is going on inside of iran? we'll bring you the details. >>> twitter see joe jack dorsey will testify on capitol hill next week. he will say twitter does not shadow ban or censor conservatives. twitter is denying all that. we have a special guest. wait a second, twitter, you censored me for my conservative views. thank you for joining us. thank you for watching. money, politics. we have the debate behind tomorrow's headlines. i'm elizabeth macdonald. "the evening edit" starts right now. ♪ liz: welcome to the show. we like to call this the rodney dangerfield bull market. not getting any respect. even though it is hitting new record highs and it is climbing higher in dramatically deep and wide move. look at this! this is about the breadth of the market move. it is stunning. even the large indices, not just s&p 500. the s&p 600 up double digits. not just the russell 2000. the russell 3,000 up double digits year-to-date, all moving higher. august is usually a mis

>> if they block the strait of hormuz we will take out all of their military.s an act of war if they pull a stunt like that and they know what the results of that would be. that will push the united states -- iran does not want conflict with the united states. 38 years of conflict all using proxies, avoiding direct confrontation with their own military. despite the fact that they harass our ships they will fire a missile here and there, they don't want that kind of conflic conflict. >> martha: what about turkey? their economy is under tremendous pressure and heir mg calls to putin, a lot of confrontation there. >> of the political crisis goes back to the coup of 2016 when ray ship air to one and not a se nato nation included moral support, nobody spoke in his favor because he's moving that machine to authoritarian and move it toward democracy. he said i want the leader who resides in the united states to be removed, he lives in pennsylvania. we said no. he arrested a u.s. citizen who resides in turkey and that is now the famous pastor bronson, tragic that he is

of course, they're causing problems once again as predicted in the strait of hormuz. thing that we have grown accustomed to. i know the secretary of defense, jim mattis said just yesterday that look, we think it's unlikely they're going to try to block the strait primarily because they know the entire international community would come down quickly on their capability. they're already in economic stress. their money is way down and gas prices are up. food is expensive. the people are not happy with president rouhani. >> trish: given the economic stress, could that lead to meaningful change? change that would be beneficial to say our allies in the region like israel and might it, you know, create actually some good in that environment if you could actually get a change in power? >> well, you know, the president's strategy i think is to force rouhani and the mullahs back to the negotiation table. if by chance we spark a revolution, which is a good outcome for the region and the people that have been oppressed for 40 years since the takeover in 1979, that is time that we

i wanted to ask you on another topic, about iran, flexing his muscles with the strait of hormuz. the secretary of state say is that they don't control it. it's an international waterway. you have concerns? >> of course. we watch very carefully what happens in iran. us having a president withdrawing from the iranian nuclear deal is putting additional pressure on iran, as they try to navigate now in this new world where they have got sanctions snapping back into place in the u.s., and seeing what the other of our european allies will do in the end on this, but there needs to be maximum pressure on iran and obviously, when they flex their muscles like that, they do it because they need to do it for internal consumption. >> shannon: they taken us to court. whole other statement. i notice you have some special cufflinks today. i know that your family and you have had special connections with the mccanns over the years. >> when i got to the senate in january 2005, i got on the armed services committee and i got an opportunity to travel a number of times with senator mccain. it wasn't un

about any retaliation as you know there were military naval exercise of iran last week in the strait of hormuz the central command of the u.s. military here and the u.s. navy has responded a few days back with a spokesman saying like that they are prepared for anything iran might play and that they would definitely not allowed for iran to block the strait of hormuz which is responsible for twenty percent of the world's oil trade alone so i don't think that the u.s. is faced by any threat. right now and again here the strategy is what they want to bite they offer the talking and if you run doesn't play well then sanctions it is and it remains to be seen if iran will indeed come to the negotiating table but i'm not you know if the president does come to the negotiating table tell us a little bit more about how difficult his position is you know negotiating with washington on the one hand while also trying not to risk his job. yeah exactly i mean the point here is that president hassan rouhani has three more years in office he cannot afford to appear as someone who is trying to. find a way to app

alsd venezuela, there are also new reports that iran is threatening to halt the flow of oil through the straits o hormuzhich is the route for 30% of seaborn crude. >> john kilduff joins us now to talk about iran a oil prices and where he sees prices heading. >> you again, john. i've heard conflicting stories that gasoline prices will stay roughly where they are for a while which is 4 cents a gallon higher than they were at this time next year and as we move into september and ontober, se changes, they may go down. what do you see for the rese of ear? >> think right now -- unfortunately, potentiallycahe before something of a storm. e are well supplied in gasoline we are switching over to the winter blend of gasoline that is morer to make and more uniform and uniformly supplied and it gathers about a 10 to 15-cent discount just on the barrel versus the summer blend. between now and say the end o october, prices should stay relatively stable, but you are seeing them creep u from where they were earlier in the year because of the price of crude oil creeping up and because of just unbelievably strong demand

moving up of the timetable for iran to carry out its military exercises that it does in the strait of hormuzthe course of this week. your reaction to that and where you think that situation goes next? >> well, first, you're right, exactly. they have moved up their annual exercises. they have conducted a ballistic missile exercise in conjunction with those exercises. one thing they haven't done which i think is appropriate and i think we cannot ever allow is they have not been interfering with the passage of ships through the strait of hormuz. that has to be something that is absolutely nonnegotiable. i think the problem is after withdrawing from the jcpoa we have lost the support of our european allies particularly. in fact the europeans are going to length to try to cushion the blow to the iranians. and then again, you're into a situation where what's going to happen within tehran? i think there is a strong feeling that the hard-line is we'll take more and more power that they will begin to marginalize those people and i think using the term moderate in iran is not particularly accurate, bu

that, quote, swarm of boats to potentially block that chokepoint for global oil exports, the strait of hormuzthey're practicing to do that in advance of more widespread sanctions. what's your reaction here? we know that pipelines, by the way, out of saudi arabia and ore countries -- other countries of the middle east may take care of 25% of that oil. what's your reaction to iran moving this up? >> it's not as critical as it was because of pipelines going across, but if the iranians want to try it, bring it on. the u.s. navy is entirely capable of handling this, and if iran wants to go to war, it should hook at its own refining capability. very exposed, very small number that could be deactivated, and that country could be brought to heel very rapidly. elizabeth: thanks for coming on. markets closing mixed today, the dow closing about 81 points lower. tesla are's loss doubled versuses a year ago, the -- they expect to see profits as it ramps up its model 3 sedan productions. let's get to adam shapiro on the floor of the nyse with the latest. >> reporter: liz, talk about your movers and shakers

nic, no accident that iran has chosen the strait of hormuz to flex its military muscle.t is the message being sent? >> really seems to be the message being sent that if iran so chooses, it can disrupt the world's oil fields. 20% of the world's oil passes through there. it's a major choke point effectively. and impacting one oil tanker, never mind shutting down the whole straits, would put a spike, a nasty spike into oil markets. perhaps trigger higher fuel costs for us. the reality is we don't know why iran has put these military exercises into play right now. the timing of course right before -- in position of sanctions on them, because they've -- because president trump unilaterally pulled out of that international joint program with iran and iran's commitment to denuclearize. that really puts economic pressure on iran. so i think the indicators here are absolutely as you say they're flexing their muscles at a strategic choke point that could have huge impacts, huge economic impact, were they to push ahead with some nefarious activity. no indication that's going to hap

increase in iranian naval activity over the past week in the persian gulf and extending to the strait of hormuz, a strategic passage for many oil shipments. the iraniadrn navals usually occur later in the year. israeli pre nister benjamin netanyahu defended controversial new lonegislahat declares israel as the nation-state of the jewish people, and downgrades arabic from an official to "special" language. last night, tens of thousands of opponents marched in tel aviv, lzeed by members of the d community, an arabic-eaking minority. thefruze and other opponents the new law say it relegates non-jewish citizens to second class status. calls to the national suicide prevention lifeline are on the rise. hear from the counselors on the front lines at s.org/newshour. >> thompson: in the history of american environmental crises, several names stand the test of time: exxon valdez, deepwater horizon, three mile island, and of course, love canal. it was 40 years ago this week that president jimmy carter declared a national health emergency in the small community in niagara falls, new york, re hundreds of re

rouhani has rejected trump's offer and indirectly threaten to choke off oil shipments through the strait of hormuz meanwhile inside iran rouhani faces ever more conservative critics and an economy that continues to tank. these people will be hit hardest by the u.s. sanctions measures that were suspended in two thousand and fifteen after years of suffering by the iranian population are now being brought back by the trumpet ministration. the sanctions target the iranian financial system including government purchases of u.s. dollars the trading of gold and other precious metals and of industrial goods and software. they hit up the sales of iranian real the government bond sales and the automotive industry. in anticipation of the sanctions coming into effect the iranian real has been in freefall and that's already being felt on the streets of iran sanctions have definitely had an impact whether it's on currency exchange rate or the price of gold they have resulted in the loss of many jobs will be caught in good and if the dollar goes up the price of everything will go up but at the end people should

have caused the support from syria and what they're doing with the saud the threats about the straits of hormuz the support to the who deals with the missiles that are being fired into saudi arabia or the the iranian supplied you a visa that are being flown against international airports that this is not tolerant tolerated by us and they're going to be held to account for it are we seeing a change again i know in some cases we have seen less willingness to be confrontational but fundamentally they continue to be the single biggest destabilizing element in the middle east. ok we're going to leave james mattis and joseph dunford there is they address the press at the pentagon in washington d.c. they've already covered a vile swathe of policy defense full policy both strategic and material when it comes to allocating troops and the financing and resourcing if those troops but i think perhaps the most important points that came from this came from the questions as is often the case we journalists we do perform a rather useful function some of the time i'm a journalist oppressing the masses question

iran is capable of blocking the strait of hormuz, the world's most important oil transit checkpoint. oil traded around the world moves through that waterway, tensions between iran and the us have been rising since donald trump withdrew from the nuclear deal. >> a major step toward peace, donald trump thinking north korea for returning remains of us service and saying, quote, thank you to kim jong un for keeping their word and starting the process of sending home the remains of great and beloved missing fallen. i'm not at all surprised you took this kind action. thank you for your nice letter. i look forward to seeing you soon. the next step working to identify those remains. >> we proved these heroes were never forgotten. our boys are coming home. >> reporter: that was mike pence in homecoming ceremony more than 6 decades in the making. the vice president whose father fought in the korean war headed up wednesday's delegation. what is believed to be the remains of americans in the korean war. >> these heroes will be the heroes who lead the way to many more homecomings in the future. >

with known as a swarm tactic, you have 100 small boats deployed over the next 48 hours, in the strait of hormuzof world's oil passes through that strait, with me now, rebecca grant, former official and office of secretary of the air force. you know this provocation, you know ratcheting up of the tensions betweens two nations, ahead of us i guess officially pulling out of the iranian nuclear deal feels it getting more dangerous of day. >> it does. the naval threat is unusual it iran has been quiet. they have not done threats again our naval forces in calendar year 2018, they may take their small boats and swacia swarm ann high-speed charges or doing live fire exercises in the shipping lanes. it is a threat as they are squirming under the pressure of oncoming sanctions. charles: what would be the orders to our navy? , of course, in the back of our minds those disappointing images of our sailors giving up, taken by iran under president obama. do we have and standing orders on how to handle this. >> this is very different, our navy is very well agained with iran's aquanted with iran's navy and smal

part of the pmc community within and around the horn of africa as well as in and around the strait of hormuz itself. we can see today how those maritime sea lanes are heating up again today, and that means that pmcs are likely to return. the third part here has to do, and i'm going to use this very loosely come is with the groups of academy without mentioning the original company. these types of groups, the u.s.-based if you will pmcs that fight in region are as a third model that is used and are hired by arab governments not only for the own special operations but also for specific mission topics as well as also for protection of the elites. so these three different types of pmc models over time have become ingrained in the region, and now you have the russians coming in with a multitude of different types of pmcs, particularly with wagner. and the question becomes about nexus. the nexus between this type of pmc development in the gulf in the middle east and that is owned by arab states versus those that are owned by russians and oligarchs. in these third areas such as in africa or in libya

iran has started naval exercises in the straits of hormuz. olicy advisor. we're reporting that they're launching a lot of small boats, a naval exercise, possibly as a provocation, hey, we could close the strait of hormuz if we wanted to. they are not folk do do that, are they? >> they could do the actual exercise. they have done it before. the question is, how far will they go? will they actually block the strait or not. the iranians can't if they want, damage the international passage. the united states can intercept them, stop them, damage their own capacity. brinksmanship of capacity with gaming with us. i think that the united states is very much attend tiff to what they're doing, will respond if the iranians will cross the red line. stuart: that is rather weak threat, if they try to block the straights of hormuz and block passage with 18,000 barrels of oil a day -- ashley: 18 million. stuart: 18 million, if that happens, iran's economy absolutely collapses. it would be economic suicide if they are doing what they suggest they might do? >>

does that make sense >> it is very concerning, absolutely we've always been worried about the straits of hormuz, but at the same time it's not as if this is new area of unrest although the specifics of the naval exercises are extremely concerning the reality of the broader picture is i wouldn't say steady state, but it's like constantly like this if they do something here it's going to be not just the u.s. that comes after them. you're going to see china coming after them, saudi -- it'll be cataclysmic. >> now we've got the whole iran mess it's sort of balancing itself out. does it all depend on iran >> you've got to remember the opec meeting very specifically aimed at oil in the market and the russians, the two biggest oil producers of the world outside the u.s., which makes the third. and as you said in fact oil prices are still where they were with them both really going to record highs again in terms of production particularly russia hitting all-time highs, you know, the physical ambition of oil has left us flat i think that's the balance, and the balance basically is the gio geeo gee polit

when they talk about threats to the strait of hormuz they will not play that card. means they cannot sell any of their oil. they can't do that number one. they also know we will not react militarily. president obama was prepared to threaten the use of force. he knows if they are threaten the use of force over the close of the strait of hormuz you know trump will. they provide anti-will missiles to the houthis. and fired a missile at saudi oil tanker. the third most important area for the movement of energy worldwide. i think you will see steps like that. brian: you have u.s. bank notes. banned with gold, with precious metals and urge the european union to do the same thing. in the end, ambassador, true or not you will have to make a choice do you want to deal with america or iran. do you really think it's that cut and dry. >> it's a little bit more complicated than that because businesses for sure will say if the choice is doing business with america or iran. there is no choice you do it with america. but the iranian -- but the european governments are determined to

the move is aimed to show iran capable of blocking the strait of hormuz.he us have been rising since donald trump withdrew from the nuclear deal. heather: joining together to condemn russian election interference. >> russia attempted to interfere with the last election and continues to engage in malign influence operations to this day. >> our democracy is in the crosshairs. >> we acknowledge the threat is real, it is continuing and we are doing everything we can to have legitimate elections. todd: donald trump insisted he raised the issue with vladimir putin. bipartisan senators pushing for new sanctions in hopes of sending a message to the kremlin. jillian: prosecutors in the paul manafort trial say they will call gates to the stand after the federal judge in the case told them they wouldn't be able to prove conspiracy without manafort's business partner, prosecutors said they might not use gates who is considered a potential star witness was manafort, former trump campaign manager, is on trial for bank fraud and tax evasion, charges not linked to the cam

launch to demonstrate his ability to potentially shutdown a vital international waterway, the strait of hormuzically runs these rails in the fall. >> headed to pennsylvania, a make america great again rally. the gop senate candidate. jillian: up against two term democratic senator bob casey. donald trump expected to discuss the economy and manufacturing jobs at a roundtable with supporters to narrowly run the state in the 2016 presidential election. >> justice for murdered border patrol agent brian terry, his accused killer extradited to the us from mexico. jillian: what about the botched fast and furious operation. some say terry brett's brother kent demanding to know why the border state has yet to be held to the fire. there's a lot of innovation that goes into making our thinnest longest lasting blades on the market. precision machinery and high-quality materials from around the world. nobody else even comes close. it's about delivering a more comfortable shave every time. invented in boston, made and sold around the world. order now at gilletteondemand.com. gillette. the best a man can get

we are live in the strait of hormuz. >>> the nation's top security officials coming together to warn americans russia is still trying to interfere with your elections. then hours later president trump weakening the message and talking about what he calls the russian hoax at a campaign rally. let's discuss with our senior political analyst ron brown, political analyst molly ball. we know there's a disconnect. it's not new but to see it play out where you have five top officials in the white house briefing room and then hours later we're hearing a different message from the president, ron, this continued disconnect, these confusing mixed messages for folks is there a chance to see an end to it or is this the reality for the foreseeable future? >> i think this is the reality because the president has shown himself incapable of separating the national security threat to the u.s. from the questions about his own ledgitimacylegiti. it's more than just cognitive dissonance, it aamounts to what is undermining one of our greatest weapons in this struggle which is the opportunity to publicly s

maybe 1/4 to half of the oil supply that could be cut off by the strait of strait of hormuz. >> and of supplies now in the united states thanks to tracking and administration efforts. so the president say that that he wanted to frack and send moreover to europe.so there other markets to hear they could take it.but i do not think that the united states or our allies would allow iran to take that kind of measured. elizabeth: interesting. talk to us about what's going inside of iran. >> iran has been going through nationwide protests. since the end of december, liz. you can call it a rolling protest. different parts of society getting out onto the street. truckers, agricultural workers, women taking off their hijabs. we sought more rounds a couple of days ago. they reached tehran. elizabeth: why are they protesting? >> because the remaining regime is corrupt and the economy stinks. the local currency has fallen off a cliff. you have a water supply getting cut off. dirty water people can't drink. elizabeth: to see them be more vocal in their opposition and what they are saying on the stree

. >> would they lash out and try to close the strait of hormuz. >> i think it's the people of iran standing his regime. they used to say death to america, now they are saying death to dictators. these sanctions are suffocating them. they no longer have food, and they spent all the money they had made. adam: steven, i apologize but we have run out of time. thank you for being here to discuss this. coming up, some questions and answers about facebook. at legalzoom, our network of attorneys can help you every step of the way. with an estate plan including wills or a living trust that grows along with you and your family. legalzoom. where life meets legal. gentlemen, i have just received word! the louisiana purchase, is complete! instant purchase notifications from capital one . technology this helpful... could make history. what's in your wallet? ♪ ♪ our new, hot, fresh breakfast will get you the readiest. (buzzer sound) holiday inn express. be the readiest. adam: facebook told fox business the "wall street journal" incorrectly implied they are asking financial services companies for suffer se

officials in the white house, iran says they have control of an important oil trade routes, the strait of hormuzthe un security council will discuss that today. the trumpet menstruation buckled down on russia, another round of un sanctions went into effect, this time over the chemical weapons attack in march. the us planes russia for a spy and his daughter which moscow denies, as a former al qaeda member turned british spy issues a warning about these attacks and tells cbs, quote, the attack was a big neon sign, an advertisement for al qaeda and isis. jillian: michael:'s lawyers backpedaling on claims he made about donald trump and russian meddling. lanny davis admitting to being the anonymous source the told cnn his client new the president was aware of the infamous trump tower meeting with donald trump junior, claims the president denied, telling fox news, quote, i take responsibility for not communicating more clearly my uncertainty. i regret the error. :pleaded guilty to fraud charges last week. donald trump and the first lady honor even chuckle leaders during a dinner at the white house. >>

whether they use it to threaten the straits of hormuz or attack forces in iraq and syria. racteristics a director mike pompeo, is the only solution in afghanistan is that the taliban must be part of any power-sharing structure? >> the taliban is very smart. let's negotiate with the government in afghanistan. keep the u.s. at the table while seizing terrain and taking hostages. charles: ultimately, we are not going to be there for another 18-19 years. will the taliban have to have a seat at the table? >> the biggest problem afghanistan is there is nobody in afghanistan who wants to control the whole country with the exception of the taliban. we haven't been able to gate strong foothold in the pashtun areas of afghanistan for a long time. charles: kelly, you were at a rally. >> we just found out these guides were indicted. and they were doing a lot of surveillance in america including an event where rudy giuliani spoke in favor of iranian dissidents. they took photos of all the people at events and took notes on them and sent them back to tehran. the iranian regime says we ha

iran launching a short range ballistic missile over the strait of hormuz.y the trumpet ministration reapply sanctions against iran. this is where we are today and what we are looking out tomorrow. washington d.c. this week appeared not only attack police and media, they also threatened to kill the president. judge jeanine pirro says the thugs are tearing apart the nation. >> this antifa they are the opposite of antifascist, they are the fascist. they only allow people that agree with them to be heard. hate anyone that speaks differently than you do in terms of ideology. >> form antitrust fbi official peter strzok finally fired by the fbi. praise antitrust text messages and for being in charge of the hillary clinton email scandal investigation. the former federal prosecutor, sidney powell, on the broadcast said there was far more anti-trumpet texts that peter strzok should have been fired for. namely, hiding 700,000 emails on anthony weiner 's laptop and turning to creating the trump-russia collusion narrative and ultimately, special counsel itself. more dem

last month they threatened to choke off the world's oil supply by closing the strait of hormuz in theates tried to block iran's oil exports. if iran does close that strait, it could mean higher gas prices around the world. a former top official at the vatican says pope francis should resign. he claims the pope knew for years about abuse allegations involving a former cardinal and covered up for him. details. now the pope's response next. come here, babe. ok. nasty nighttime heartburn? try new alka-seltzer pm gummies. the only fast, powerful heartburn relief plus melatonin so you can fall asleep quickly. ♪ oh, what a relief it is! >> shepard: here's a thing. this is the white house and you may notice the flag on top. it is now back at half staff. we've been reporting throughout the day -- we have another angle on this now that we can show you. there you can tell. the reason for this is the white house had lowered the flag to half staff in honor of the late senator john mccain and had done so for 1 1/2 days as the white house said was protocol. many in congress, including senator mitch

practice and demonstrate the potential of shutting down a vital international waterway, the strait of hormuzofficials say iran typically runs these drills in the fall. >> bret: the u.s. announcing sanctions against two top turkish officials and there's response now. >> the treasury department announcing sanctions against the ministers of justice and the interior, this is the response to the arrest and detention of an american pastor. turkish officials arrested him in 2016 following a coup attempt in that country. turkey has arrested tens of thousands in relation to that attempt. turkey has responded to those sanctions saying they will seriously damage the constructive efforts made in order to resolve problems and turkey will respond in kind. >> bret: up next, are the north koreans really returning the remains of americans from the korean war? we'll look at how scientists will try to find out. fox 28 in columbus says ohio's largest medicaid plans says the amount of opioids prescribed to its members has decreased 48%. ohio's board of pharmacy has said about 2,125,000,000 fewer opioid doses wer

is pushing back against sanctions, warning it has seized control of the persian gulf and the strait of hormuzipping route, a move that could actually impact consumers across the world. joining us now to react is retired army lieutenant colonel daniel davis. let's start with the president who has warned in the past that the u.s. risks the mother of all wars and now potentially seizing a very important passageway for oil. what do you make of these threats? >> they've been in the strait for a long time. i believe what you really see here is that they're getting close to being in a desperate position, and they want to convey that they actually have strength and they have some cards to play when i don't think that they really do. they know that if they actually took action on that and closed the strait to traffic that we would respond and probably destroy the their navy, and then they would be in a far, far worse place than they are now. i think this is more posturing than anything else, and i don't think they're going to act on it. >> don't you think they would get help from syria given the fundi

they did have some issues in the straits of hormuz with some, some playing around there.ould that escalate? who knows. i have crude oil up about 75 cents after being up a quarter last week. trish: alan knuckman, thank you very much. we'll keep watching it right now. let get meet to today's intel for everyone. it is not showing up in commodities market just yet. things could change pretty quickly. keep in mind how big of a deal oil is for iran. basically all they got, right in terms of exports. they export oil. that is what enables their economy to survive. now if we look who is bringing all that oil in, top importers of iranian oil include none other than china. 24% of oil out put is going to china. e u2 2%. india, 18%. bo to the sanctions we're imposing if we buy iran's oil which we're not, and we'll not do business with anybody out there buying any of iran's oil, what does that mean for iran's oil? there are those that could violate sanctions and we can be sure china will probably pull that they certainly did with north korea. we caught them. we'll keep catching him. th