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Giles Snyder
Live from NPR News, I'm Giles Snyder. Israeli Prime Minister Benjamin Netanyahu says Iran is being decimated.
Benjamin Netanyahu
Iran's missile and drone arsenal is being massively degraded and will be destroyed. Hundreds of their launchers have been destroyed. Their stockpiles of missiles are being hit hard, and so are the industries that produce them. That's important.
Giles Snyder
Netanyahu. Speaking to reporters Thursday as Iran launched a new wave of missiles toward his
NPR Reporter
country, Netanyahu confirmed that President President Trump asked that Israel hold off on more strikes on a key Iranian natural gas field, and he backed up Trump's remarks that he had no advanced knowledge of the attack. Tit for tat strikes on energy facilities have led to sharply escalating prices. Prices jumped on Thursday after Iran responded by hitting a gas export facility in Qatar.
Giles Snyder
Kuwait, meanwhile, says its Mini Al Ahmadi
NPR Reporter
oil refinery has been hit by Iranian drones for a second time. Officials say the refinery attack Friday sparked fire at several of its units.
Giles Snyder
Global crude oil prices continue to swing,
NPR Reporter
hovering around $102 a barrel. Gasoline prices in the US continue to climb.
Giles Snyder
The US has pulled many levers to try to bring prices down and is considering others. But as NPR's Camilla Dominowski reports, the
NPR Reporter
scale of the disruption to global oil markets is profound.
Dan Pickering
About 20 million barrels per day typically passes through the Strait of Hormuz. Right now, maybe 5 million is making it around the strait like through pipelines. Dan Pickering is the chief investment officer at Pickering Energy Partners.
Energy Expert
15 million barrels a day isn't easy to offset anywhere. That's the total production of the United States, and we're the biggest producer in the world. There is no easy fix.
Dan Pickering
Tapping StockPiles and easing US sanctions only partly fills the gap. And waiving the Jones act, which mandates goods traveling between US Ports be sent on American built ships, might ease gasoline prices by a penny or less. Camila Dominosky, NPR News.
NPR Reporter
Lawmakers in California say they'll rename Cesar Chavez Day, a state holiday celebrating the late labor leader. This comes the day after revelations that Chavez molested and raped young girls and women during the 60s and 70s while he was president of the United farm workers. Here's NPR's Adrian Florido.
Adrian Florido
The speaker of the California State Assembly, Robert Rivas, says lawmakers are moving to rename Cesar Chavez day, celebrated every March 31 to farm worker Day. The farm worker movement was never, ever about one man. It was built by thousands, tens of thousands of workers. A New York Times investigation this week revealed allegations that Chavez, who died in 1993, sexually abused and raped young girls and women, including his longtime organizing partner, Dolores Huerta. States and cities are moving quickly to remove Chavez's name from schools, streets, parks and community centers.
Giles Snyder
You're listening to NPR News. Uber is investing over a billion dollars in Rivian Automotive to make autonomous vehicles
NPR Reporter
as a California based electric vehicle company
Giles Snyder
builds its own Georgia plant.
NPR Reporter
Marlon Hyde with member station WABE has more.
Marlon Hyde
Uber is getting ready to launch 50,000 of its own robo taxis. The rideshare giant says it will begin deploying driverless vehicles in San Francisco and Miami in 2028, then expand to 25 cities in the U.S. canada and Europe by 2031. To start, the company would buy 10,000 fully autonomous vehicles from Rivian. The EV maker plans to start producing its R2 electric SUVs this year as it continues to build its long delayed Georgia facility roughly 40 minutes east of Atlanta. Uber's initial $300 million investment is still subject to regulatory approval. For NPR News, I'm Marlon Hyde in Atlanta.
Giles Snyder
The Trump administration says it's moving a significant portion of the Education Department's federal student loan portfolio to the Treasury Department. The administration said Thursday that Treasury will take over management of student loans whose
NPR Reporter
borrowers are in default, and that treasury will eventually take over loans that are in good standing. The move in part, is part rather of efforts to dismantle the Education Department
Giles Snyder
following Thursday's losses on Wall Street.
NPR Reporter
Asian shares are mixed and oil prices are retreating. After briefly surging to about $119 per barrel on Thursday, oil has fallen back to around $102 per barrel.
Giles Snyder
This is NPR News.
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Main Theme:
This NPR News Now episode offers rapid updates on major global and domestic news, focusing on sharp escalations in Middle East tensions affecting global energy markets, significant policy shifts in the U.S., and notable cultural reckonings.
[00:01 – 02:03]
Escalating Conflict:
Global Energy Fallout:
Market Perspective & U.S. Response:
[02:03 – 02:58]
[02:58 – 03:58]
[03:58 – 04:23]
[04:23 – 04:38]
Middle East Oil Impact:
“About 20 million barrels per day typically passes through the Strait of Hormuz. Right now, maybe 5 million is making it around the strait through pipelines.”
— Dan Pickering, 01:25
Cultural Reckoning:
“The farm worker movement was never, ever about one man. It was built by thousands, tens of thousands of workers.”
— Robert Rivas, 02:23
Autonomous Vehicle Expansion:
“Uber is getting ready to launch 50,000 of its own robo taxis.”
— Marlon Hyde, 03:15
Overall Tone:
Urgent, factual, balanced—highlighting the magnitude of global events (energy crisis), the rapid policy and cultural changes in the U.S., and significant moves in technology and business.