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- [00:00]
Cachava Advertiser
This message comes from Cachava. Sometimes you crave a treat while prioritizing your wellness goals. Cachava's newest coffee flavor is the perfect treat. This all in One Nutrition Shake delivers bold flavor from decaffeinated Brazilian beans with 25 grams of protein, 6 grams of fiber, greens and more. Treat yourself to the flavor and nutrition your body craves. Go to cachava.com and use code NPR. New customers get 15% off their first order. That's K A C H A V A.com code NPR live from NPR News
- [00:36]
Korva Coleman
in Washington, I'm Korva Coleman. Defense Secretary Pete Hegseth confirms the Pentagon is asking Congress for an additional $200 billion for the U.S. military effort in Iran. NPR's Quill Lawrence reports. Hegseth spoke following an escalation of attacks on Mideast oil fields.
- [00:53]
Quill Lawrence
Hegseth and the chairman of the Joint Chiefs of Staff, General Dan Kaine, began a news conferen by paying tribute to the six servicemen and women who died last week when two Air Force refueling tankers collided. Hegseth went on to attack the media for negative reporting on the war against Iran, where Hegseth said the US Military continues to face only minor resistance as it systematically destroys Iran's Navy, air Force and missile production capability. Hegseth did not dispute reporting that the Pentagon has asked Congress for roughly $200 billion, saying it was needed to replenish missiles and the expensive interceptors the US and allies are using to intercept IR comparatively cheap drone weapons. Quill Lawrence, NPR News.
- [01:33]
Korva Coleman
Treasury Secretary Scott Besant says the US could take additional steps to help ease global oil shortages. He says the US could decide to release more oil from the country's Strategic Petroleum Reserve, or spr. Bessen told Fox Business News today that would be linked to the global decision to release SPR stocks, the largest coordinated
- [01:56]
Unnamed Narrator
SPR release in history, 400 million barrels, was approved last week, and some countries are going to do more. The US could unilaterally do another SPR release to keep the price down.
- [02:10]
Korva Coleman
The Trump administration has already decided to release 172 million barrels from its Strategic Petroleum Reserve. It's not clear how much would be released a second time. Natural gas prices have spiked 25% in Europe after attacks on gas infrastructure in Iran and Qatar. NPR's Lauren Frayer reports from London.
- [02:33]
Lauren Frayer
The vast majority of British homes are heated by natural gas. Most of it comes from the North Sea and Norway. Only a small percentage of the United Kingdom's supply comes from the Middle east. But the UK Is still hit by soaring global prices and fears producers might divert supplies to bigger buyers in Asia, namely China. European markets are down on this energy volatility. Meanwhile, the UK Is sending a small number of military planners to the Pentagon to help figure out how to secure the Strait of Hormuz, where a fifth of the world's oil supply passes. But the UK Is not sending warships, despite President Trump's demands. Lauren Frayer, NPR News, London.
- [03:12]
Korva Coleman
A Senate committee has advanced the nomination of Oklahoma Republican Senator Mark Wayne Mullen to be the secretary of Homeland Security. His nomination could be taken up by the full Senate as early as next week. If confirmed, Mullen would take over an agency partially shut down. Democrats are demanding changes in federal immigration operations. This is npr. The federal government held an auction yesterday for oil and gas drilling rights in the National Petroleum Reserve in Alaska. The auction broke records, and officials say the winning bids were worth nearly $164 million. Alaska will receive half of that amount, and environmentalists oppose this development, saying it destroys vital habitats. A new report finds older Americans own a bigger share of real estate wealth than ever before. NPR's Jennifer Ludden reports. The shift comes as younger people struggle in the housing market.
- [04:09]
Jennifer Ludden
Homeowners age 70 and above now own just over a quarter of real estate wealth, about the same as middle aged people whose share has declined. That's according to a new analysis by the real estate brokerage Redfin. Those in between the Two groups, ages 55 to 69, own the most real estate wealth. Redfin finds the older baby boomers are the only group that's seen steady housing gains for nearly four decades. Younger generations have all seen their share of real estate wealth stagnate or shrink amid rising home prices and mortgage rates. That tough market has also made it hard to downsize, and that's left many older people reluctant to give up their homes. Jennifer Ludden, NPR News, Washington.
- [04:53]
Korva Coleman
The Saudi Supreme Court has declared today will be the final day of the holy month of Ramadan. The first day of celebrations of Eid al Fitr will be held tomorrow. These celebrations will conclude Ramadan, a month observed by Muslims worldwide with fasting, prayer and good works for others. You're listening to npr.
- [05:15]
Cachava Advertiser
This message comes from Cachava. Sometimes you crave a treat while prioritizing your wellness goals. Cacava's newest coffee flavor is the perfect treat. This all in one nutrition shake delivers bold flavor from decaffeinated Brazilian beans with 25 grams of protein, 6 grams of fiber, greens and more. Treat yourself to the flavor and nutrition your body craves. Go to cachava.com and use code NPR. New customers get 15% off their first order. That's K A C-H-A-V-A.com code NPR.