The Tonight Show

Oil markets are on edge as tensions around the Strait of Hormuz intensify, raising fears of a further supply shock that could ripple through the global economy.

With a fragile ceasefire in place and Iran signalling its leverage over key shipping routes, how exposed are markets - and how might Washington respond?

At home, Leo Varadkar has apologised after remarks about rural Ireland triggered a political backlash.

Guest presenter Shane Coleman was joined by:

Anthony Scaramucci, Financier and former White House Communications Director
Michael Murphy TD, Fine Gael
Michael Fitzmaurice TD, Independent Ireland
Daniel Murray, Policy Editor, Business Post
Sadhbh O'Neill, Climate Journalist

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Government drops plans to cap rental income on backyard modular homes — solution or risk of costly, low-quality builds?

Plus: With a €9bn surplus and growth still forecast amid the “worst energy crisis in history”, should the State spend or hold firm?

Guest presenter Shane Coleman was joined by:

Seamus McGrath TD, Fianna Fáil
Ged Nash TD, Labour Party spokesperson on Finance, Public Expenditure & Reform.
Dr. Emma Howard, Economics Lecturer at TU Dublin.
Kevin Doyle, Group Head of News, Irish Independent
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Fuel excise cut by 10c a litre overnight — but with oil prices volatile and global tensions rising, are these short-term supports worth it?
Public anger grows over fuel protests. A resignation, backbench unrest and warnings the “social contract is strained to breaking point” — is pressure now mounting on the Government?
Guest presenter Shane Coleman is joined by John Clendennen, Gary Gannon, Mary Regan and John Fitzgerald.
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A huge Dáil shock — Michael Healy-Rae resigns as Minister of State and votes no confidence in the Government following fuel protest chaos.
Heated clashes erupt as pressure mounts. Has the Government lost the dressing room — and what are the lasting consequences?
Guest presenter Shane Coleman is joined by Timmy Dooley, Claire Kerrane, Claire Scott and Fionnán Sheahan, with reporting from Gavan Reilly.
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Fuel protests are intensifying across Ireland, with blockades entering a second day and pressure mounting on Government to intervene.

Protesters insist they will not move without direct talks, as the Minister for Justice claimed that an “unelected group” is disrupting the country.

Meanwhile, tensions ease slightly in the Middle East. US President Donald Trump has pulled back, with Iran agreeing to allow safe passage through the Strait of Hormuz for two weeks as a ceasefire begins. But uncertainty remains, with Israel saying it has halted attacks on Iran while continuing strikes in Lebanon.

Guest presenter Shane Coleman is joined by:

Naoise Ó Cearúil TD, Fianna Fáil
Mairéad Farrell TD, Sinn Féin
Mick Clifford, Special Correspondent, Irish Examiner
James Geoghegan, Agricultural contractor
Kevin McPartlan, CEO, Fuels for Ireland
Tara Kangarlou, Global Affairs Journalist
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