**SPEAKER_1** (0:00)
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**Megyn Kelly** (0:23)
Good morning, everyone. I'm Megyn Kelly. It's Tuesday, June 16th, 2026, and this is your AM Update.
**Donald Trump** (0:29)
I think a lot of great things are going to happen in the Middle East right now, and very importantly, the oil is plummeting down.
**Megyn Kelly** (0:36)
President Trump arrives at the G7 as the recently signed agreement with Iran to extend the ceasefire and reopen the Strait of Hormuz takes center stage.
**Keir Starmer** (0:46)
I am not prepared to compromise on the safety and happiness of our children. And that is why this must happen.
**Megyn Kelly** (0:55)
The UK moving to ban social media access for children under 16 years old. A 21-year-old woman thrown from a 130-foot bridge without a rope attached in a tragic accident as the guides now face homicide charges. And President Trump announcing a Fourth of July rally on the National Mall, complete with military flyovers and what he promises will be the largest fireworks show in history. All that and more coming up in just a moment on your AM Update.
For the first time since World War II, our national debt has exceeded the gross domestic product. America's reckless government spending keeps catching up with us. Higher inflation, higher prices, higher cost of living expenses, and higher interest payments on the national debt. Every dollar Washington spends on interest is a dollar it has to tax, borrow or print.
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President Trump arriving in Evian-LaBanne, France yesterday for the annual G7 Summit, just hours after announcing a new agreement aimed at ending the war with Iran and reopening the Strait of Hormuz. The president traveling to France after celebrating his 80th birthday at the UFC event on the White House South Lawn late Sunday night. Mr. Trump beginning the summit with a one-on-one meeting alongside its host, French President Emmanuel Macron, where the two leaders addressed the preliminary agreement with Iran. President Trump announcing that the agreement is now signed and that commercial traffic is already beginning to move through the Strait.
**Donald Trump** (3:05)
I'm very happy to say, very signed, the deal is all signed. And the Strait is already partially opened. As you know, they're doing a little hunting for a couple of mines that they've already found.
But it's essentially ships are starting to go out. Now on Friday, it'll be completely opened. We got along very well with Iran. It's a different set of leaders. As you know, the first set is gone. The second set is gone. And we found the third set to be very smart, strong, very smart. But we ended up making a deal.
I felt badly that we had to go back on the attack for two nights. And I thought a third, but we made it before that happened. But I think a lot of great things are gonna happen in the Middle East right now. And very importantly, the oil is plummeting down and the stock market is shooting up like a rocket today, like record kind of numbers.
**Megyn Kelly** (4:07)
The initial framework aimed at opening the strait, ending the American blockade of Iranian ports, and extending the ceasefire for 60 days, while the two countries negotiate the far more difficult questions surrounding the regime's nuclear program. The strait expected to reopen fully on Friday after mines are cleared from the critical shipping route, and the agreement is formally signed. However, senior Trump administration officials telling the AP that it will take weeks for the strait traffic to return to pre-war levels. President Macron calling the agreement an important step toward fixing the nuclear issue, and pledging that France is ready to carry its fair share of the work required to reopen the waterway. The president and vice president, JD Vance, electronically signing the memorandum on behalf of the US before Mr. Trump left Washington, and Iranian official signing as well.
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