The Latest: 03/16/2026 07:59am ET

0:00This is an iHeart podcast. Guaranteed Human No one knows what the future holds, but you deserve a weather app that can help. Weatherbug is easy to use and provides forecasts for your every need. From storm warnings to pollen levels, write at your fingertips. Get the fastest local alerts and comprehensive 10-day forecasts wherever you are. It's hyper-local, real-time, customizable alerts. Make sure the weather never takes you by surprise so you can plan every day with confidence. Download the free weather bug app from the app store today and start getting accurate weather forecasts 24-7. This is your 24-7 News Update, the latest views this hour in just 4 minutes. President Trump claims Iran's military is defeated. Trump made the comments on board Air Force One, while speaking to reporters Sunday, he said the military was decimated, but he was not ready to claim victory.

1:10He went on to add that he felt it would take the country over a decade to rebuild at least, and that would be if the US pulled troops out right now. When asked about what was going on at the Strait of Hormuz, Trump said he was demanding that those countries come in and protect their own territory, adding that a case could be made the US doesn't need to be there at all. Energy Secretary Chris Wright is expressing optimism that gas prices will fall below $3 a gallon by summer. Wright made the prediction on NBC's Meet the Press as Americans pay steep prices at the gas pump as a result of the conflict in Iran. It is a short-term disruption in the flow of energy. Americans are feeling it right now. Americans will feel it for a few more weeks. This comes as Triple A says the current price for a gallon of regular gas in the US is around $3.70 on average. That's up about 25 cents from last week. One battle after another is the big winner following last night's Oscars. The film earned six trophies during the 98th Academy Awards, including Best Picture and Best Director.

2:13Michael B. Jordan took home his first Oscar for actor in a leading role for his role in sinners. I want to thank Warner Brothers. I want to thank Mike and Pam for believing in this dream, this vision of Ryan Kugler, and betting on a culture, and betting on original ideas, and a visual artistry. And you're an amazing, amazing person. I'm so honored to call you a collaborator and a friend. Jesse Buckley won her first Oscar for actress in a leading role for Hamlet. I'm Michael Casner. Talks between Treasury Secretary Scott Bessent and top Chinese trade officials have been continuing today in Paris ahead of President Trump's expected summit with Chinese leader Xi Jinping later this month. Ross Cullen reports tariffs are a big topic. When Iran also expected to feature again after President Trump asked China to help secure the straight of four moves. On Monday, the Chinese foreign ministry said Beijing is, quote, committed to promoting the easing and cooling down of the situation. In an interview with the Financial Times, President Trump said he wants to clarify China's position before traveling to Beijing, and that he might delay the trip.

3:20Trump is expected to visit China from March 31st to April 2nd, although Beijing has not confirmed the dates. Formula One has confirmed it will cancel two races in the Middle East next month due to the war in the Middle East, more from Rob Martyr. ESPN reports the races in Bahrain and Saudi Arabia won't be held as both countries had been attacked by Iran. F1 is not expected to replace the events, which would cut the season down to 22 races. That would mean the Miami Grand Prix in May would be the first following the race in Japan at the end of March at present Mercedes and Ferrari are one two in the team standings. The United States will play for the title in the world baseball classic, more from Rory O'Neal. Team USA beat the Dominican Republic two to one in the semifinals to advance, but some fans are crying foul over the last pitch that ended the game. Team USA reliever Mason Miller's slider on a full count in the bottom of the ninth look to be low, but it was called a strike giving Team USA the win.

4:23The US will now face either Venezuela or Italy in the championship game Tuesday after those two teams play it out today. And Cameron Young is celebrating his second career victory on tour after winning the players championship at TPC Sawgrass, a Michael Casner.