Oil Prices Keep Climbing & ‘Moana’ Flops at the Box Office

What you'll learn

• 1 (00:54) **Chipotle to Open in Mexico** - The chain announces its first restaurant in Mexico, a bold move to sell American-Mexican food back to the country of origin, with a discussion on whether it can succeed where Taco Bell failed.
• 2 (02:53) **Oil Prices Spike Over Hormuz Strait Standoff** - President Trump declares the US the "guardian" of the Strait of Hormuz and proposes a 20% fee on all cargo shipments, causing crude oil prices to jump above $80 a barrel for the first time.
• 3 (06:53) **Ships Go Dark in the Strait** - To avoid both Iranian attacks and potential US penalties, cargo ships are increasingly turning off their tracking transponders to travel through the strait in secret, a practice known as "dark crossings."
• 4 (08:02) **12 States Sue to Block Paramount-Warner Bros. Merger** - A coalition led by California sues to block the acquisition, arguing it would lead to higher prices and less content by giving the combined company control over nearly one-third of theatrical films and major cable networks.
• 5 (10:17) **Hollywood Divided on Media Consolidation** - While over 4,000 Hollywood figures oppose the merger, advocates argue it allows for cost-cutting and financial stability, with the deal potentially leaving just four companies controlling 86% of the market for widely released films.
• 6 (12:24) **'Moana' Live-Action Flops at Box Office** - Disney's live-action remake opens to a disappointing $43 million, well below expectations, tying with 'Snow White' for the lowest opening of any live-action remake despite a high 90% audience score.
• 7 (15:54) **Box Office Overall is Strong** - Despite Disney's stumble, the overall domestic box office is the highest since 2019, with hits like 'Toy Story 5' (franchise record opening) and other event films performing well, suggesting the problem is specific to Disney's strategy.

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