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Live from NPR News, I'm Lakshmi Singh. President Trump now says he is canceling plans to attack Iran tonight. In a post on social media, he says that's because, quote, discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, end quote. Trump had also threatened to seize key oil infrastructure, including Harg Island. The US And Iran continue to trade fire. That threatens to upend a cease fire agreement they reaffirmed in April. The rivals are also asserting dueling black blockades in the Strait of Hormuz, a narrow transit route for about a quarter of the Globe's oil shipments. NPR's Greg Myrey reports on the U.S. latest actions.
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Central Command said the U.S. fired and disabled a tanker near the Strait of Hormuz as it was attempting to transport oil from Iran. Second day in a row this has happened. But here's the broader point. The US Is trying to get oil tankers from friendly Arab countries out of the Gulf and block ships going to and from Iran. If you add up the numbers, they seem to be in the US Favor. Overall, we're still talking about a relatively small number compared to the pre war shipping traffic.
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NPR's Greg Myhre. A federal judge is denying a request to temporarily block a nearly $1.8 billion fund sought by President Trump to compensate his allies who allege they were targeted for prosecutions. NPR's Ryan Lucas has more.
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The lawsuit was filed by the group Citizens for Responsibility and Ethics in Washington. The Justice Department says the case is moot because the department has said it is not moving forward with the anti weaponization fund. The watchdog group, however, says the fund has not been formally rescinded and so on paper it still legally exists. So it is asking the court to temporarily block the fund for now. At a hearing in federal court, U.S. district Judge Richard Leon denied that request. The judge said the issue does appear to be moot because of the Justice Department's public declarations, but he also warned the government not to play possum with the court. Ryan Lucas, NPR News, Washington.
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SpaceX is about to go public. Elon Musk's company is aiming to raise $75 billion through an IPO tomorrow. As NPR's John Ruich reports, today we may learn that It's s' more.
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SpaceX said earlier this month it's aiming to sell around 556 million shares to the public at an expected price of $135 each. But analysts say demand has been strong as the company and investment banks have marketed the shares ahead of their debut. That means the offer price and the amount of money SpaceX raises could change. SpaceX's listing is blockbuster IPOs in the pipeline that are a major test of investor appetite for AI. OpenAI, which makes ChatGPT and Anthropic, maker of Claude, have both filed paperwork with the government to indicate their intent to list. John ruich, NPR News.
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U.S. stocks trading higher, with the Nasdaq up 363 points, or nearly 1.5%. You're listening to NPR News. The opening ceremony of the FIFA World cup is underway in Mexico City. But when it comes to the security of the international games across North America, the US Intelligence community will be limited in monitoring foreign threats. Section 702 of the Foreign Intelligence Surveillance Act, a key surveillance tool, is set to expire tomorrow. Today, the GOP led House lacked the votes to grant a temporary extension. Vice's extension came under growing doubt after President Trump selected Bill Pulte, a federal housing finance regulator with no intelligence background, to temporarily serve as director of national intelligence. A new memorial will be erected on the national mall in Washington, D.C. that honors those who served in the global war on terrorism. NPR's Frank Langford has details.
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The memorial will include a 25 foot tall arch made of melted down war steel from vehicles and weapons. Soil and vegetation will cover the arch according to the newly released design concept. Visitors will walk through a shallow pool and leave temporary footprints next to permanent ones of service members. Former President George W. Bush, the memorial's honorary chair, spoke in a video.
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The Global War on Terrorism memorial will stand as a lasting tribute to the men and women who made the ultimate sacrifice after 911 to make America safer and stronger.
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The project will cost $125 million, all from private funds. It'll be located near the Lincoln Memorial. The completion date, the end of 2028. Frank Lankford, NPR News, Washington.
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I'm Lakshmi Singh, NPR News.
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