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Fox News

Air Force is 'smallest,' 'least ready' in history, National Guard leaders warn Congress in fighter jet plea

Air Force is 'smallest,' 'least ready' in history, National Guard leaders warn Congress in fighter jet plea
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Air National Guard generals request between 72 and 100 new fighter jets, warning the Air Force faces its worst readiness in its 78-year history.

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Data: Financial Modeling Prep; Chart: Ben Geman/Axios Oil prices dropped over 10% Friday after President Trump and Iran's foreign minister claimed the Strait of Hormuz — the world's most critical energy shipping lane — is open for transit. Why it matters: The steep selloff signals traders see a real sign that the unprecedented throttling of oil and petroleum product flows could significantly ease. The drop also follows signs of continued progress in ceasefire negotiations. Driving the news: "I

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