Live from NPR News in Washington, I'm Ryland Barton.
Iran says it closed the state of Hormuz again today after Israel continued to attack
“the Hezbollah militant group in Lebanon.”
The closure casts down on whether the ceasefire will hold, as NPR's Greg Myri explains. There was sporadic fire today with Arab Gulf countries in particular, reporting some attacks from Iran. Iran said it was hit at least once, but broadly speaking, the Iran war is definitely going quiet.
However, Israel is still heavily bombing Hezbollah in Lebanon. Israel says that conflict is not part of the ceasefire. Now Iran says it is. The U.S. is siding with Israel, but the fighting in Lebanon could be a problem if it carries on.
NPR's Greg Myri reporting stock prices rose and crude oil prices fell today, but the Iran
War will affect energy supplies and prices for some time as NPR's Scott Horses explains. For the war left a sizable hole in the global energy market, and it's not going to
“be filled overnight when shipping traffic was halted in the state of Hormuz.”
Some of the Gulf oil producers didn't have any place to store their oil, so they had to idle some oil fields. And John Kilda, who's an energy analyst at again capital, says getting that oil flowing again is not as simple as just turning a valve or flipping a switch. It's going to take time, which is why as much as there's a relief here that oil prices
are back down below $100 a barrel, they're still far from where they were as you're coming into the new year here. The energy department is predicting oil supplies won't be fully restored until late
this year, which means prices are likely to remain elevated.
NPR's Scott Horsesley reporting, a group of new accounts on the prediction market poly market made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire yesterday, resulting in hundreds of thousands of dollars in profits for those users, at least 50 while it's placed substantial yes bets before Trump announced the two weeks ceasefire on social media, polymarket labeled the ceasefire bedding event as disputed
due to ongoing tensions, which means some payments are on hold. In Washington State, leaders have declared a statewide drought in Northwest Public Broadcasting XAnna King reports. Snow Park is declining in the northwest. That's according to Casey Sixkiller, the director of Washington's Department of
Psychology, and its creating trouble for communities, farmers, and fish. Sixkiller says Snow Park droughts will only become more frequent in the future. The world around us is changing much more rapidly than our infrastructure is prepared to handle, that are the way in which we've managed water historically can adapt to, and
“I think that is both the challenge and the opportunity that we have going forward.”
Sixkiller says, "Despite severe flooding in some areas over the winter, things are drying out across nearly every watershed in Washington. For NPR News, I'm Anna King." This is NPR. General Motors is recalling more than 270,000 Chevrolet Malibu vehicles in the U.S. because
the rear view camera screen may display a distorted or blank image. The National Highway Traffic Safety Administration says the issue could increase the risk of a crash. The recall includes Chevrolet Malibu vehicles with model years 2023 to 2025. In Los Angeles, Jasmine Sangha, the drug dealer who sold actor Matthew Perry, the fatal dose of ketamine that led to his death, was sentenced today, Steve Futterman, was at
the courthouse. Before the sentence was announced, the judge heard from Matthew Perry's family. His stepfather Keith Morrison described what he called "the daily grinding sadness." Prosecutors asked for a 20-year sentence, "Defense attorneys asked for time served. The judge ruled that Sangha should serve 15 years in prison."
Afterwards, Morrison reacted. "I feel bad for the family of the perpetrator here as well. Nobody want today." Two more defendants in the case still need to be sentenced, including Matthew Perry's personal assistant, who injected him with the fatal dose.
For MP or news, I'm Steve Futterman, in Los Angeles. A man named Adam Jacobs sometimes surreptitiously recorded more than 10,000 concerts from the 1980s through the early 2000s, a group of devoted volunteers in the U.S. and Europe is methodically cataloging, digitizing and uploading them one by one. The no-take left behind collection is available online.
It's a treasure trove for music lovers, especially for fans of indie and punk rock. I'm Rowland Barton, you're listening to NPR News from Washington. You know, I heard this really interesting thing on an economic spotcast the other day. "You're so distant to the point, yes." "Oh, well, that actually reminds me of something I read the other day in an economics book."
"I am proletist." "Yeah, I read it in the planet of Honeybook. It's like a podcast, but we're impressive when it sits on a shelf.
