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What are the latest developments in the Israel-Iran conflict?
Live from NPR News, I'm Lakshmi Singh. As Iran and the United States push their respective demands to stop the war, Israel is speeding up its military strikes in Iran ahead of a possible ceasefire. That is according to a person briefed on the matter who spoke with NPR's Daniel Estrin in Tel Aviv.
The person who did not have authorization to speak publicly says the Israeli military is speeding up its targeting in Iran over the next 48 hours, focusing on trying to hit Iran's arms factories as much as possible in case a ceasefire is declared. While the U.S. and Iran both want a deal to end the war, there are wide gaps between their demands. Pakistan is emerging as a potential host for talks.
An official in Islamabad not authorized to speak publicly tells NPR Pakistan's interior minister held a secret meeting with Iran's ambassador today. Israel wants to keep pressing on in the war, and Iran continues targeting Israel with missile fire towards central Israel and the Jerusalem area. Daniel Estrin, NPR News, Tel Aviv.
AAA says on average people are paying nearly $4 for a gallon of regular gasoline in the United States, the result of ongoing oil shipping disruptions from Iran's blockade of the Strait of Hormuz. At President Trump's cabinet meeting today, Treasury Secretary Scott Besson sought to reassure Americans.
Many people, especially the Democrats, underestimate the will of the American people for short-term volatility for 50 years of safety that we are going to have on the other side of this. And I believe energy prices will be lower, inflation will be lower.
NPR's Scott Horsley highlights one way the government's trying to control the price surge.
The EPA will allow gas stations to keep selling fuel with a higher ethanol content this summer. The move is likely to cause some additional air pollution. It's intended to keep a lid on gas prices.
That's NPR's Scott Horsley. The United Kingdom is facing the sharpest downgrade to its forecast for economic growth for any major economy, according to the Organisation for Economic Co-operation and Development. It says many major economies will be affected, with the UK being among the worst. Here's NPR's Ruth Sherlock.
The OECD has slashed its forecast for Britain's economic growth from 1.2% down to 0.7%. And it says inflation is also predicted to be higher than expected. This comes as it downgrades its forecasts for many of the world's major economies.
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