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Chapter 1: What updates are there on U.S.-Iran negotiations amidst the war?
Live from NPR News in Washington, I'm Louise Schiavone. There were fresh indications today that the U.S. and Iran are working toward resumed talks to avert new hostilities in the U.S.-Israel war on Iran. Meanwhile, U.S. Central Command says that no ships have gotten all the way through the Strait of Hormuz since a U.S. naval blockade was put in place Monday. One did go through but turned back.
At the Washington Institute for Near East Policy, research director Dana Stroll says the parties are at a point where everyone needs a closing deal. They do need a deal.
So does the United States. At the end of this war, as the fog clears from the damage, the problems that plagued Iran before the war are going to continue to They can't keep the lights on. They can't provide electricity. They've mismanaged their water. They can't protect their people. They can't stabilize their currency.
And those problems are only going to compound as this naval blockade continues.
Dana Stroll at the Washington Institute for Near East Policy. The International Energy Agency, representing the world's biggest energy consumers, is predicting that the conflict in Iran will cut into global oil demand this year. NPR's Camilla Dominovsky explains.
The IEA still anticipates that the global appetite for oil will grow this year, but less than it expected before the war. That's because of supply shortages, higher prices, and direct impacts like the suspension of flights in the Middle East. In a similar report this week, the oil cartel OPEC, which represents oil producers, estimates that demand for oil would be unchanged for the year overall.
The two groups often disagree. Neither body predicts a major hit to the global economy, although the IEA warns that if oil prices remain high for a protracted period, that would weigh on growth. Camilla Dominovsky, NPR News.
In his first act following his win of a majority government, Canada's Prime Minister Mark Carney has suspended his nation's fuel tax to compensate for the impact of the Iran war. Canada's fuel excise tax will be suspended from next Monday until Labor Day. There's more climate-warming methane coming from cities than governments have previously estimated, according to new research.
NPR's Jeff Brady has details.
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Chapter 2: How is the Iran conflict affecting global oil demand?
Maybe somebody tells you too much about the twist ending of a movie or they tell you who dies at the end. In other words, you've run into a spoiler. How should you handle spoilers and what even counts as a spoiler? We'll tell you how we handle spoilers as critics on NPR's Pop Culture Happy Hour. Listen via the NPR app or wherever you get your podcasts.