Bill O’Reilly’s No Spin News and Analysis Did Pete Hegseth Make the Case for Trump's Iran Action? How Rising Oil Prices Are Affecting the Economy With EJ Antoni, & Democrats Fuel Airport Chaos
Mar 10, 2026
EJ Antoni, economist and senior fellow at Unleash Prosperity and Heritage Foundation, offers analysis on energy and markets. He discusses how Iran-related disruptions drove oil above $100 and the ripple effects on inflation. He explores U.S. production capacity, risks to Middle East infrastructure, OPEC’s role, and how higher energy prices reshape geopolitical winners like Russia.
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Oil Spike Driving Market Losses And Inflation
- Rising oil from $72 to ~$104 since Feb 28 is the primary driver of recent market losses and broad inflation pressure.
- Bill O'Reilly links oil spikes to higher food and travel costs and a >2,000 point market drop since the Iran conflict start.
Strait Of Hormuz Vulnerability Explained
- The Strait of Hormuz handles ~20% of world oil and is vulnerable to drone attacks, amplifying supply disruptions.
- O'Reilly notes Iranian drone attacks have constrained tanker traffic and raised global supply risk.
Hegseth Interview Framed As Regime Change Case
- Pete Hegseth's 60 Minutes interview framed the Iran campaign as seeking regime change and inspection of nuclear sites.
- O'Reilly judges Hegseth smart but undisciplined, noting his hawkish, uncompromising rhetoric.