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we will look at taiwan in the moment and the implications of nancy pelosi's trip there. we start with oil and the impact high prices is having on the global economy. nearly every country is struggling with the climbing cost of oil and gas as it fuels inflation and households struggle to pay bills — so much so that president biden visited saudi arabia last month to persuade the major oil producer to increase supply and cool soaring prices. saudi arabia meets today with the other members of opec plus to decide on their next move. our middle east business correspondent sameer hashmi h...

of cigarettes. all while your government is legalizing weed and, in other places, hard drugs. that make any sense? government makes a fortune on taxing tobacco, over $12 billion a year. why would they want to give that up? any way we begin tonight with biden's war on your ability to live your life without going bankrupt. now, between inflation, spiking gas prices, record prices, a looming recession, americans are suffering and it's about to get a whole lot worse. according to one washington post columnist and on msdnc, you all need to stop complaining and be grateful that joe biden i...

because this is supposed to be the overall law of the land. it protects our individuality, freedom and civil society, in many ways we live in a post constitutional america, those who are waving the constitution today to january 6 committee have been mayor participants in its demise. let me ask you a question. let's say you go to a court of law. there is no judge. there is no jury. you don't have a lawyer. you can't call witnesses. you can't provid evidence, you have to watch. and watch. and let's say that jury chosen by. let's say the jury is chosen by nancy pelosi, and media in the ...

be the overall law of the land, it protects our individuality, freedom and civil society, in many ways we live in a post constitutional america, those waving the constitution today on january 6 committee have been major participants in its demise. let's say you go to a court of law, there is no judge. there is no jury. you don't have a lawyer. you can't call witnesses. you can't provide exculpatory evidence, you cannot be heard, you have to sit and watch. let's say jury was chosen by nancy pelosi, don't worry it is bipartisan. with 7 democrats, two republicans, the media taking pictu...

i'm charles payne in for neil cavuto. this is "your world" to peter doocy on how the white house is dealing with this. peter? >> communist china still wants taiwan to be part of communist china. that means speaker pelosi's words on the ground have upset them. >> in terms of governance, we command taiwan for being one of the freest societies in the world. >> well, the chinese official is writing the u.s. must pay the price for its own mistake and we mean what we say. that has g-7 leaders now saying we're concerned by recent and announced threatening actions by the prc, particularly li...