For the first time since 2022, oil prices have climbed above one hundred dollars a barrel as the joint Us-Israeli operation against Iran continues, disrupting energy supplies.
President Trump and his team say the pain is temporary, but the pressure at the gas pump comes on the heels of a disappointing jobs report last week… and lingering uncertainty over tariffs.
EJ Antoni, Chief Economist at the Heritage Foundation, joins FOX Business’s Lydia Hu to discuss his outlook for energy costs and the potential long-term economic impact of high prices. Antoni also breaks down the Heritage Foundation's Index of Economic Freedom and explains how the President’s tax and deregulatory policies are supporting families and businesses.
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