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NPR News Now

NPR News: 05-05-2026 2PM EDT

05 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What recent developments have occurred in the Strait of Hormuz?

1.432 - 14.471 Lakshmi Singh

Live from NPR News, I'm Lakshmi Singh. Secretary of Defense Pete Hegseth says the U.S. effort to open the Strait of Hormuz is a separate operation that does not affect the ceasefire with Iran. Here's NPR's Quill Lawrence.

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14.571 - 33.444 Quill Lawrence

At a news briefing, Hegseth said U.S. forces have opened a safe passage for tankers through the strait. He said the Iranian boats that have attacked ships there and the U.S. destruction of those boats doesn't cross the threshold of restarting major combat operations and don't mean an end to the ceasefire, which might trigger a need for congressional approval to continue the war.

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34.005 - 51.076 Quill Lawrence

Hegses said the U.S. mission to protect a free shipping lane was temporary. and other countries should take over. We hope South Korea would step up, just like we hope Japan would step up, just like we hope Australia would step up, just like we hope Europe steps up. But we're not waiting for them to do so. We're looking to set the conditions to hand to them.

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51.096 - 56.987 Quill Lawrence

Iran's state broadcaster claimed that its control of the strait has, quote, intensified. Quill Lawrence, NPR News.

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57.052 - 62.258 Lakshmi Singh

The price of oil remains high. NPR's Scott Horsley reports on what that means for drivers heading into warmer months.

62.338 - 81.561 Scott Horsley

Crude oil prices have come down slightly from their peak on Monday, but the U.S. benchmark is still well above $100 a barrel. And investors are growing nervous that relief could be a long time in coming. Futures contracts for Brent oil to be delivered six months from now are still priced above $90 a barrel. Retail gasoline prices in the U.S. continue to climb.

81.922 - 89.522 Scott Horsley

AAA says the average price of regular gas rose more than two cents overnight to about $4.48 a gallon. Scott Horsley, NPR News, Washington.

89.789 - 107.808 Lakshmi Singh

In an interview published in The New Yorker this week, former President Barack Obama was asked about the Trump administration's decision to join Israel in waging war against Iran in late February. Obama says when he was president, Israeli Prime Minister Benjamin Netanyahu had made the same arguments for armed confrontation with Iran to him that Netanyahu has made to Trump.

108.368 - 130.545 Lakshmi Singh

Obama adds that Netanyahu may have, quote, gotten what he wanted, but whether that is ultimately best for the Israeli or the American people, Obama says he'd question that. There are now two confirmed and five suspected hantavirus cases linked to a cruise ship anchored off the coast of Cape Verde. NPR's Gabriela Emanuel has the latest.

Chapter 2: How are high oil prices affecting U.S. drivers this summer?

277.819 - 279.1 Lauren Freyer

This is NPR.

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281.102 - 303.565 Unknown

Each story you hear on Planet Money starts with a question. What happens if we refund tariffs? Why are groceries so expensive? At NPR, we stand for your right to be curious because the forces shaping our world can be hard to see. Follow NPR's Planet Money wherever you get your podcasts and start seeing how the economy really works.

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