NPR News: 04-28-2026 1PM EDT
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Live from NPR News, I'm Lakshmi Singh. Against the backdrop of an energy crisis from the Iran war, the United Arab Emirates says it is dropping out of the OPEC cartel and plans to gradually increase its production of crude oil. NPR's Scott Horsley reports the announcement has had little effect on oil prices, which are hovering around $100 a barrel.
The UAE's desire to increase oil production has been a source of friction within OPEC,
What is the impact of the UAE's decision to leave OPEC?
The cartel often limits how much its members can pump in an effort to maintain a floor under crude oil prices. Those prices have spiked as a result of the U.S. war with Iran, which has stalled tanker traffic through the Strait of Hormuz. AAA says the average price of regular gasoline now tops $4.17 a gallon. That's up 15 cents in the last week and more than a dollar higher than this time last year. Rising gas prices are tough on consumers but good for energy companies. BP says its first quarter profits were more than double what it earned in the same period last year. Scott Horsley, NPR News, Washington.
President Trump welcomed King Charles III and Queen Camilla to the White House for the first state visit by a British monarch since 2007. NPR's Franco Ordonez reports a key goal of the visit is to ease tensions between the two governments.
The White House rolled out the red carpet for the king and queen who were here for a four-day visit to at least officially help celebrate America's 250th anniversary.
We first had a culture, a character, and a creed. Before we ever proclaimed our independence, Americans carried within us the rarest of gifts, moral courage, and it came from a small but mighty kingdom from across the sea.
But the timing of the visit is also significant. Amid rising tensions as the president has repeatedly attacked Prime Minister Keir Starmer over his government's refusal to take part in a U.S. war against Iran. Franco, Ordonez, NPR News, the White House.
Late night host Jimmy Kimmel's pushing back against first lady Melania Trump's appealed ABC to fire him for making a joke she says was hateful and violent. Last night, Kimmel said he agreed with dialing back hateful rhetoric and said Mrs. Trump's conversation about it should start with her husband. CNN media correspondent Brian Stelter talks about the fallout from Kimmel's, quote, the glow of an expectant widow during a parody of the White House Correspondents Center two days before there was a shooting at that event.
I'm told later today the FCC is planning to file paperwork that would challenge ABC's licenses. ABC owns stations in eight markets that are licensed by the federal government. Those licenses aren't supposed to be renewed for a couple more years, but the FCC does have the ability to issue an early renewal order.
That's Stelter speaking with NPR's Here and Now. This hour, U.S. stocks are mixed with the Dow up nearly 50 points. From Washington, you're listening to NPR News. Consumer confidence appears stronger than it was last month, despite the Iran war's impact on energy prices and the hit to people's wallets. The nonprofit business membership organization, the Conference Board, released a new reading showing an uptick in consumer confidence. A California health care workers union has submitted more than one and a half million signatures to place a question about taxing billionaires on the state's November ballot. From member station KQED, Izzy Bloom reports.
If election officials certify the signatures, California voters will decide whether to impose a one-time 5% tax on the assets of the state's billionaires. Most of the revenue would help backfill federal health care cuts signed by the Trump administration. Suzanne Jimenez is chief of staff for the union pushing the measure. At the end of this, this is really about solving a problem that is making sure hospitals, clinics, and ER stay open. Opponents are funding a rival measure backed by Silicon Valley billionaires, including Google co-founder Sergey Brin, that would nullify the billionaire tax.
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