Business Rundown: Gas Hits $4, and the World Cup Economic Boom

Business Rundown: Gas Hits $4, and the World Cup Economic Boom

July 20, 2026 · 16 min

About this episode

The episode discusses the impact of renewed violence in the Middle East on gas prices and inflation, along with the economic boost from the World Cup.

Violence reigniting in the Middle East as the U.S. and Iran trade blows. Peace negotiations have collapsed as national gas prices climb back up to the $4-per-gallon mark. Capitalist Pig Hedge Fund LLC Founding Member and FOX Business Contributor Jonathan Hoenig joins FBN’s Jackie DeAngelis to discuss what the renewed conflict means for inflation, energy, and your wallet. Plus, many cities and businesses across the country saw an economic boost from the World Cup. We break down the numbers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

People in this episode

Host: Jackie DeAngelis

Guest: Jonathan Hoenig

Topics covered

Keywords

Mentioned in this episode

Organizations: FOX Business

Places: U.S., Iran, Middle East

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