Article in Media Matters by Zachary Pleat, 4/23/36
Headline: “As gas prices go up from the Iran war, Fox News celebrates the ‘biggest payday in history’ for oil companies”
Subhead: “The closure of the Strait of Hormuz is straining the American and global economies”
“Fox News is embracing the continued closure of the Strait of Hormuz due to President Donald Trump’s war against Iran as an economic boon for U.S. petroleum exports — even though the closure will further increase American gasoline prices. Fox has already tried to downplay the increasing fuel prices that have resulted from the closure, which is currently straining both the U.S. and global economies in numerous ways, including threatening famine and global recession. , ,”
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