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The question going forward is if the united states or israel will lose patient with irania iranians to launch pre-emptive military strike. the war games were a preview perhaps by iranians of what the counterattack would look like if the strike came here from israel. john >> john: renewed tension in iran drove oil prices to the highest level in a month. bench mark crude added $3.91 to end at $87.66 a barrel, the highest price since may. gasoline, $3.33 a gallon. the national average. that is down 6 cents from a month ago. more -- down 26 cents from a month ago. more than a million people up and...

Narrow channel in the world when it comes to the passage of oil. gregg: the threats of closing it ending a recent slide of gasoline prices. the average has been dropping in recent weeks. no doubt you noticed that. the national average though now at $3.33. that is five cents more than at the start of the year. stuart varney the anchor of "varney & company" on the fox buness network. stu, talk to us about the dynamic of the escalating tensions in the strait of hormuz and that region of the world and what we're paying here at the home at the pumps. >> there is a direct link. what happens over the...

Right now. and that is beginning to push the price of gasoline back up again after its long decline. as you said it is 3.33 the national average now. it went up a little overnight. that brought to an end a three-week spell of constantly falling gas prices. iran affects us directly. gregg: stuart, let me switch subjects. there are several numbers that we watch closely for the health of the u.s. economy. one of them, manufacturing numbers. second quarter just came out. talk to us about this. >> manufacturing was the bright spot for america's economy. the latest figures show a first contraction i...

According to the government. doctors make between 168,000 and 135 thousand. dentists and orthodontists make a killing, too. ceo's took home the third spot $176,000 oil engineers and lawyers rounding out the top 5. >> journalists not on the top five list. >> no, we are not. it is 12 minutes after the top of the hour. the muslim brotherhood known for their radical views there are new concerns about what their reign will bring. a look behind the brotherhood is coming up, coming up shortly after the break. is it really worth it to go green when it costs $26 for one gallon of fuel? that's what ...

It's the only calcium supplement that can be taken with or without food. that's why my doctor recommends citracal maximum. it's all about absorption. as millions of americans hit the road for independence day holiday they will see good news at the pump. gas prices are down. way down. in fact, the average price of gas right now is $3.33 per gallon. down 61 cents since april. in fact, gas prices have been falling for 13 straight weeks. that's the longest downward streak since 2008. and experts say the price of gas should fall below $3 a gallon later this year. good news must be getting republi...