free web page hit counter
🛡️
Copyright Notice: This video is officially sourced and embedded from YouTube. For all copyright inquiries, reports, or removals, please contact YouTube's legal team here.
LiveNOW from FOX

LiveNOW from FOX

5,550,000 subscribers

👁 73,697 views

How the oil market will react to Trump’s plan to help Hormuz ships

Video Overview & Insights

We are watching as tensions over the Strait of Hormuz continue to send oil prices climbing. This comes as President Donald Trump announces a plan to help ships that are stranded inside the vital waterway in the Persian Gulf. Last week, Energy Secretary Chris Wright did not show too much optimism when asked if gasoline prices in the U.S. will return to the $3 per gallon level anytime soon. LiveNOW’s Shawna Khalafi is speaking with oil analyst Tom Kloza as the oil market is set to react to Trump’s new plan.

How about diesel prices forget about gasoline. Gasoline doesn't run this country

— @Madcracka

Subscribe to LiveNOW from FOX! https://www.youtube.com/livenowfox?sub_confirmation=1

Where to watch LiveNOW from FOX: https://www.livenowfox.com

As California goes so does the rest of the country!

— @deangerber1797

Follow us @LiveNOWFOX on TikTok: https://www.tiktok.com/@livenowfox

Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

It's going to be us vs them. Too many people become poor and when some poor person is back into a wall the only get out is fight. Going to be a civil war in America

— @spartamississippi

More User Perspectives

@

They always seem to have refinery problems when the price goes up,more of excuses to jack prices up,

@garymartin7258
@

Im worried about staying warm this this fall and winter, asfar as driving we should all reduce our driving so the oil companies get 5he message then prices may drop .

@tonyalmeida1746
@

If oil prices continue up in the next 30 day's, the north east tourism will be greatly affected. Many people i know already have canceled plans.

@tonyalmeida1746
@

This is all based on assumption! I think America should completely take over the strait and have total control over it. What are we waiting for? Then there should be any more excuses for the cost of gas or other petroleum products! No more bs from these monopolies dictating how we survive and bleeding hard working Americans of any type of livelihood! This crap is nothing more than a big con job perpetrated on taxpayers! Politicians know how to change this but won’t!

@Jimmcintyre67
@

If the United States does not need their oil like Trump said,then why the price of a gallon of gas extremely over high in the states

@timmysavage7179
@

On Day One...

@RWK-HQ
@

In the first quarter of 2026, BP, on its own method of accounting, made $3.2 billion compared to $1.4 billion last year,

@FontaineDerby
@

Breath Easy: Pres. Trump has improved both the United States and the world's aIr quality
1. <Quote> Higher fuel prices are associated with lower air pollution levels. <Unquote> ¹
2. President Trump doesn't need the EPA* to improve air quality. He has the Department of Defense.
2.a. Trump and his 5D chess.
2.b. ¿¿ Crazy like a fox ??
____________
* United States Environmental Protection Agency (EPA)
¹ Source: Artificial Intelligence, GOOGLE search

@JohnGPagani
@

I would like to know why we don’t use the oil that we have from Alaska the oil that we’re getting from Canada and the four ships that come from Venezuela why are we not using that oil to bring our gas prices down because we do not even use their oil in the straighter hose so why is it? Why is it so high here?

@georgegardner4758
@

Since 2022. Says it all. Thanks to dem politicians 🎉🎉

@KimTeeter
@

Why her voice sound so much like the computer from KND lol.

@theirishman759
@

We do not care about gasoline.
Lower the Diesel to $3 per gallon so the goods price come down.

@lumccruz7066
@

America pays price while trump secured trillions for himselt

@warrenhuxtable9195
@

Is it possible to have some refineries and storgae tanks 🎉built in the southwest and have pipelines to coast and use current as primary storage. Disperse shipping ports, use the Galveston/Beaumont but run pipes along gulf coast in both directions.

@kriztenhogue7932
@

I wouldnt put it past them that they'll make it $15/20 a gallon soon enough, with gas permits limiting how much you can buy a month

@hypnos994
@

THE TRUTH IS AMERICANS ARE BEING GOUGED BY CORPORATE AMERICA AND TRUMP SITS QUIETLY BY TO WATCH HIS RICH BUDDY CEOS RIP OFF THE VERY PEOPLE WHO PUT HIM INTO OFFICE JUST LIKE HIS FIRST TERM HE CATERS TO THE RICH

@wisky9635
@

Crude oil prices will fall the average price shall be between.20 -.30 cents a barrel. Gas should go back to the actual cost of creating about.17 cents per gallon. The only reason it’s been up is speculation from wall street traders who have been robbing us for years

@brianhurd9779
@

Why doesn’t Trump put his own crew on Tankers and cover the insurance cost. He could put US navy personnel who could handle the tankers! Of course that would be suicide as the ships would be an easy target for Iran. But Trump is still stupid to realize this!

@GMWTravels
@

Trump is an embarrassment

@tom9188
@

We need to start drilling.

@1lorijb
@

It has nothing to do with the price of crude. It has everything to do with price gouging. The United States doesn't get oil from the middle east. You want to see who's responsible? Look no further than Marathon Petroleum. They are always at the head of raising prices just to line their pockets.

@artmartin1913
@

Big beautiful gas price!

@posticusmaximus1739
@

To stop being ripped-off by the oil companies, the oil traders and the oil speculators, purchase an electric car.

@earlrichards5759
@

I wish you all would stop complaining, Trump needs His Golden Ballroom and then everything will be fine….. for Trump.

@samcast2934
@

Screw California let them go green. Hell they didn't even Want water to put out their fire

@cajun-r6i
@

Drill baby drill!????? Oil in iran shouldn't be affecting American oil prices especially at the pump not this soon because we should be able to fully supply our own country regardless plus reserves. I get stock market and prices rising but shouldn't in America in this short amount of time unless they lie to us about how much oil we have and are producing ourselves. I agree with our president and support him i just dont understand why we are not producing and keeping down prices for our own ppl. I understand and follow the process but still America should be fully independent from almost everything in the future so we never are hurt by things like this or black mailed by others. So food meds, metals, and all fuels should be a top priority to fully develope and maintain full independent of our own supply and build back the working bodys and jobs to keep it all running with Americans for AMERICANS.
🇺🇲🦅🗽

@treyspaulding46
@

Where are we getting these girls from to provide the escorts?

@Joe-kf5sm
@

Trump is destroying America and the world one day at a time.

@DCJ-g3s
@

Iran warned U.S. forces on Monday not to enter the Strait of Hormuz after President Donald Trump said the United States would "guide out" ships stranded in the Gulf by the U.S.-Israeli war on Iran.

@markremy4946
@

GUARANTEED GAS PRICES WILL BE $2 A GAL BY OCTOBER. VOTE REPUBLICANS IN OFFICE.🇺🇸

@HANGING_BANGING
@

They can bring futures oil price down all they want lol.. gas still gonna be expensive with a shortage. Pretty silly.

@nicholasparry6859
@

If the government believe they are terrorist then they have become the devil they are fighting against. If they believe they are hardliners then finding a reasonable solution works against that understanding doesn't it ??
If the US navy can't keep the strait open from the so called pirates which sounds worse that the navy then its a waste of tax dollars isn't it?
But hey you all fought Vietnam for 18 years , Afghanistan for 20 and Iraq for 8 , 60 days is nothing, yall can go 7 years like this np

@jvjd
@

Good news

@BolgGab-y8r
@

This is price gouging at it's best. They will keep the price high even when the price if crude drops.

@jodilong1572
@

Daily bombing 💣 of oil storage locations in Iran 🇮🇷?

@JasonBulsa
@

I dont think anyone cares anymore what Trump says

@mrbasketball1712
@

Start removing roads

@JasonBulsa
@

Why aren't new refineries being built?

@JasonBulsa
@

Anyone else remember the 1970's oil embargo? Same situation

@Palletjack-sv7re
@

Escorting ships through the Striat is impossible. Nothing but market manipulation.

@obinnayoung
@

If the U.S. Navy will continue to mess around in the Indian Ocean trying hide-and-seek with vessels carrying Iranian petroleum, the Chinese Navy will come to escort those vessels in maximum two months from now.

@BestFlorin
@

I live in Texas, we don't care

@theohughes7170
@

You can make more money than ever now...
That’s the part people aren’t connecting yet.

@samkirby25
@

Once again manipulating the markets!!!! He’ll make money as will his cronies and we tax payers are just chumps.

@katherinedemott298
@

These “price of oil” discussions aren’t based on physical oil getting from here to there and refined into products we all use everyday.
COMMODITY TRADERS establish the prices.
They are professional gamblers. That’s all they are.

@I.M.A.Panther3619
@

Apocalyptic prices?
Can you be any more extreme? Where's the common sense?

@Tom_Blue222
@

Ships go in None come out!!

@williamrosier5558