Nightline: War with Iran

War With Iran: Day 26

Mar 26, 2026
Britt Clinton, ABC correspondent on international energy and economics, and Rachel Scott, ABC senior political correspondent at the White House, unpack rising global energy alarms and U.S. troop movements. They discuss Iran rejecting a peace plan and insisting on control of the Strait of Hormuz. They also cover Asian conservation measures, the Philippines’ energy emergency, and economic risks if the strait stays closed.
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INSIGHT

Iran Rejects US Peace Plan And Stakes Hormuz Claim

  • Iran publicly rejected President Trump's 15-point peace plan and issued its own demands, including control over the Strait of Hormuz.
  • Rachel Scott reports messages are being exchanged indirectly via Pakistan while the U.S. surges up to 1,500 troops to the region.
INSIGHT

US Consumers Face Immediate Cost Ripples From War

  • Rising fuel costs are already rippling into the U.S. economy with gas over $1 higher and airlines and USPS passing on surcharges.
  • Rachel Scott notes United expects ~20% higher fares and USPS plans an ~8% fuel surcharge on packages.
INSIGHT

Asia Implements Immediate Energy Conservation Measures

  • Asian governments are actively conserving energy to blunt the war's impact on oil supply and prices, from dress-code changes to odd-even driving rules.
  • Britt Clinton details measures in the Philippines, Thailand, Vietnam and Myanmar as tankers avoid the Strait of Hormuz.
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