The Big Story Big Headlines: Trump threatens NATO allies and 'One Battle After Another' cleans up at the Oscars
Mar 16, 2026
Coverage of international tension as calls emerge for NATO involvement to reopen the Strait of Hormuz. World leaders weigh in with cautious responses and implications for future alliances. Mark Carney's UK meetings and the cooling inflation rate are discussed. Small businesses face rising fuel costs. The Oscars sweep by One Battle After Another is also highlighted.
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Trump Says NATO Faceoff Over Strait Of Hormuz
- Donald Trump warned NATO that refusal to help secure the Strait of Hormuz could threaten the alliance's future.
- He said he asked seven unnamed countries to join a small U.S.-led effort as oil prices rose amid Iran tensions.
UK Commits To Strait Action But Avoids Wider War
- UK Prime Minister Keir Starmer said Britain will work with allies to reopen shipping but will avoid being dragged into a wider war.
- Mark Carney met Starmer in London and planned further talks with King Charles and other leaders on security and economics.
Small Businesses Absorb Rising Fuel Costs
- Small business owners are absorbing higher fuel costs from the Iran war, with most not passing costs to customers.
- Two-thirds eat the cost; about a third reluctantly raised prices, and 10–15% reduced staff hours or cut workers.