FOX Business correspondent Lauren Simonetti reports on the conflict in the Middle East as the U.S. and Iran traded strikes and the latest regarding oil prices on ‘Varney & Co.’
00:00 – Regulatory constraints on autonomous vehicle production
00:09 – US and Iran trade strikes in major military escalation
00:38 – Kharg Island: Analyzing Iran’s economic choke point
01:02 – How a US naval blockade impacts Iranian oil capacity
01:16 – Gasoline and US diesel prices surge
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