While gas prices across the country have skyrocketed since the start of the war with Iran, the U.S. has been relatively insulated from Iran’s blockade of the Strait of Hormuz. European and Asian countries haven’t been as lucky. But CNN’s Rana Foroohar said the energy crisis affecting them is likely to hit the U.S., too.

And, a key panel approved President Trump's plans for a new ballroom. The vote came days after a federal judge ordered the project to stop until Congress signed off on it. The Washington Post's Dan Diamond explains more.

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