HORMUZ BOMBSHELL: US Army vet says US will make the Strait 'IRRELEVANT'

U.S. Army Special Forces Veteran Jim Hanson discusses whether the conflict in Iran qualifies as a war and Vice President JD Vance's warning that leaving Iran would risk a global energy crisis on 'Varney & Co.' 00:00 - Is the Iran Conflict a War? 00:48 - Military Success and Economic Stranglehold 01:23 - Avoiding a Global Energy Crisis 01:48 - Making the Strait of Hormuz Irrelevant 02:27 - Impact on Global Oil Supply Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness