"Live," from NPR News, I'm Lakshmi saying.
"Significant signs of relief in the markets today on news that Iran says that it'll
“let commercial ships through the straight of our moves during the 10-day Israel 11-on ceasefire.”
But Iranian ports are still subject to the U.S.'s naval blockade. President Trump says he wants an agreement that ends the war the U.S. and Israel initiated with the Iran-and-Late February, and PR's Deepa Shiveram has details. Earlier Friday, Iran said it would open up the straight to commercial vessels after a ceasefire between Israel and Lebanon was reached on Thursday.
Trump announced that ceasefire and said leaders from Israel and Lebanon would likely come to the White House next week, though plans have not yet been finalized. Trump said he expects a quick resolution with Iran, "as most of the points are already negotiated, but until then the U.S. naval blockade will continue. Trump is in Nevada and will travel to Arizona later to give remarks to supporters.
In Las Vegas, he said the U.S. economy is, quote, "booming," and gas prices are coming down, though in this city they're holding at around $5 per gallon. Deepa Shiveram and PR News Las Vegas."
“The blockade of Iranian ports began this week.”
It seemed it shutting down the country's petroleum exports, but as NPR Scott Newman explains, "that could prove overwhelming as ship traffic through the straight of our moves picks up." The number of vessels passing through the straight of Hormuz Waterway has dwindled from its pre-war average of 138 ships. Brian Clark, an expert in naval operations and electronic warfare at the Hudson Institute,
says with so few vessels going through, the challenge for the Navy is manageable. But if you get up to the normal traffic volume or anything close to it, it would be almost impossible to keep up with that traffic volume with the number of ships the Navy could maintain in that area. Iran says it is opening the straight for commercial vessels, but the U.S. Navy yesterday
expanded its quarantine to include all Iranian tide vessels anywhere in the world. Scott Newman and PR News Washington. As for Israel's ceasefire with Lebanon is really media say, residents in northern Israel are furious.
“They see it as another betrayal failing to defeat his bullet.”
And Pierre Zellin obviously highlights almost Harrell, a defense security analyst for these really paper harrots. We saw that when Trump forced Netanyahu's hand and decided on the ceasefire with Iran last week.
And we saw that again on the first day evening when Trump announced that there was going
to be a ceasefire between Israel and Lebanon. Now Netanyahu is still hoping that somehow these negotiations fail and the fighting resumes because there's quite a lot that he still wants to achieve. Almost Harrell's story brought to us by NPR's Eleanor Beardsley on here and now. At last check on Wall Street, the Dow is up 970 points are roughly 2%.
This is NPR News. A formal ceasefire between Israel and Hamas, another Iran ally, has been in place since last October in Gaza, however the local government says more than 700 people have been killed among them, three Palestinians, including a 12-year-old boy who local witnesses have shaped, were killed by Israeli fire and separate encounters this week.
Their funerals were this morning, local time. Unionized workers at South Korea's largest conglomerate Samsung electronics are threatening to strike. NPR's Anthony Cune reports from Seoul that the Samsung workers want a bigger cut of the company's massive recent profits.
Union leaders say they expect some 40,000 workers to join a rally for higher wages next week. In fact, doesn't work, workers could go on strike next month, which they warned could cost Samsung up to around $20 billion in lost revenues. High demand and high prices for memory ships used in AI servers, help Samsung's profits
jumped by 755% to $38 billion in the first quarter of this year on revenues of about $90
billion. Unionized workers won 15% of operating profits to go into their performance-based bonuses. Samsung's management meanwhile sought a court injunction this week to prevent the strike. They claim they're not trying to violate workers' right to strike, they're just trying to prevent disruptions to production.
Anthony Cune and PR News Seoul. Well, prices have fallen as much as 14% today, but according to AAA, the average cost for a gallon of regular gas, the lean in the U.S. is still above $4. We're listening to NPR News. This message comes from 48 hours.
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