The Fox News Rundown

Reaction from around the world pours in as the U.S. and Israel strike targets in Iran. Thousands of flights have been canceled across the Middle East and beyond as rattled markets react to higher oil prices. On Tuesday, President Trump and German Chancellor Friedrich Merz signaled a unified front against the regime during a meeting in the Oval Office. Amid reports that the strikes were a preemptive move to neutralize a rapidly advancing Iranian nuclear program, the President acknowledged the risk of future instability while expressing hope for a domestic military stand-down. Alex Gray, former Chief of Staff to the National Security Council, breaks down what he believes led up to this weekend’s strike, the "downstream effects" of this escalation, and what it means for other global flashpoints like Ukraine and the South China Sea.Multiple direct military strikes by the U.S. and Israel have killed Iran’s top leadership, escalating decades of proxy tensions into a high-stakes, open confrontation. Senior fellow at the Ronald Reagan Institute Tevi Troy joins to discuss how the relationship devolved from a century-old alliance and celebratory parades into a modern struggle against a radical regime.

Plus, commentary by Ruthless podcast co-host Michael Duncan.

AP Photo Credit: Vahid Salemi

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As 'Operation: Epic Fury' rolls on with great speed and success against the IRGC, the future Iran could be ruled by a group of factions that haven't agreed until recently. In a historic and unprecedented development, a broad cross-section of the Iranian opposition, including monarchists, liberals, and ethnic minority representatives, has formally united under one umbrella: the Iran Freedom Congress (IFC). It marks the first time since 1979 that such ideologically diverse factions have come together in a single organized front. Representatives from these groups met in London late February and will meet again at the end of March to discuss what an Iran free from Ayatollah rule could look like.

FOX’s Eben Brown speaks with Mehrdad 'Marty' Youssefiani, who served for nearly two decades as chief strategic counselor to Reza Pahlavi, the exiled crown prince and a prominent figure in the Iranian opposition, and Shahryar Ahy, and an advocate for democratic transition in Iran, who says it will take a coalition of opposition groups to stabilize the country.

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The Trump Administration says "Operation Epic Fury" is moving ahead of schedule in Iran after the U.S. and Israel launched military operations there, with over a thousand targets struck in the first 24 hours. From dismantling ballistic missile sites to neutralizing naval assets in the Strait of Hormuz, the objectives are clear—but can they be met in just one month? John Spencer, Executive Director of the Urban Warfare Institute and Chair of War Studies at the Madison Policy Forum, joins the Rundown to  discuss why this operation is unlike anything seen in modern warfare, and why he believes it can finally put an end to a 47-year conflict.The 2026 elections start today with the first primaries. Most of the focus is on Texas, where there are close contests in both parties for the U.S. Senate. For the Republicans, incumbent Senator John Cornyn is facing two challengers: Attorney General Ken Paxton and Congressman Wesley Hunt. Meanwhile, Congresswoman Jasmine Crockett and State Representative James Talarico are facing off to be the Democratic nominee in an attempt to flip Cornyn’s seat blue. Daron Shaw—a Professor of Government at the University of Texas at Austin, a Republican pollster, and a member of the FOX News Decision Desk—breaks down the high-profile and bitter race for the Senate, other key primary contests, and how the conflict in Iran could impact the midterms.

Plus, commentary by Brian Kilmeade, co-host of FOX News Channel's FOX & Friends.

Photo credit: Mohsen Ganji

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It is the third day of strikes in the Middle East today, part of the U.S.-Israel led Operation 'Epic Fury' that started over the weekend against Iran. Iran and its proxies have been returning fire, targeting Israel and other nations in the region with missile strikes targeting oil infrastructure. President Trump has said the IRGC no longer has a headquarters, nearly fifty of their military leaders have been killed, nine Iranian military vessels have been sunk, and he is also mourning three American service members killed and five wounded adding 'there will likely be more before it ends.”

FOX’s Eben Brown speaks with Amichai Chikli, the Minister for Diaspora Affairs and Combating Antisemitism in the Government and former IDF Combat Officer, who says plans to take out Iranian Supreme Leader Ali Khamenei have been in the works for years.

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Oil prices are surging following this weekend’s US and Israeli strikes on Iran. Fears mount that the conflict could drag on for weeks.

Compounding that concern are reports that Iran is moving to restrict passage in the Strait of Hormuz—the world’s most critical oil export route. a prolonged blockade – and the potential targeting of oil facilities -- could create a severe global supply crunch.

The destabilization of the region is also impacting other industries, including travel and banking. Meanwhile, gold and the dollar bounced as investors moved to safety, fearing the military operation could be prolonged.

FOX Business Network’s Taylor speaks with her Big Money Show co-host Jackie DeAngelis about how Operation Epic Fury has the oil markets on edge, and what it could mean for gas prices in the coming weeks and months.
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