Business Rundown: Markets on Edge Over Strait of Hormuz

Oil prices are surging once again following Vice President J.D. Vance’s departure from Iranian negotiations without a deal. In a swift escalation, President Trump has ordered the U.S. military to blockade the Strait of Hormuz, sending global markets into a tailspin. As a tenuous ceasefire hangs in the balance, Rosecliff Founder and CEO Mike Murphy joins FOX Business Network’s Taylor Riggs to break down the market’s reaction to these seismic geopolitical shifts. . They also speak about the integration of artificial intelligence in the workplace, and where billionaires are finding themselves amid the dynamic workforce.

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