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Chapter 1: What is the main topic discussed in this episode?
Live from NPR News, I'm Lakshmi Singh.
Chapter 2: What conditions are being set for Iran to end the war?
The Trump administration is waiting to hear if Iran accepts its conditions for ending the war that the U.S. and Israel initiated more than two months ago. President Trump has demanded that a deal must include Iran's agreement to halt uranium enrichment and fully reopen the Strait of Hormuz, where hundreds of ships and thousands of mariners from around the
Shipping data firm Lloyd's List Intelligence said today that Iran has created an agency to approve transit and collect tolls from shipping in the key global trade route. World oil prices are now hovering around $100 a barrel, down slightly. U.S. gas prices still surging due to a combination of factors, the war as well as seasonal demand.
We're just a few weeks out from the start of summer driving season. National average we see is now around $4.56. Even if the U.S. and Iran agree to end the war, economists warn it could take some time for the price of gasoline and other goods to come down. Here's NPR's Windsor Johnston.
As energy costs rise, so do the prices of many products people use every day. Supply chain expert Jason Miller says items made with plastic, chemicals or industrial materials are especially vulnerable.
Think about a can of WD-40. Your paints, any type of chemicals, soaps and things of that sort will be more expensive now. any type of plastic product. So if you look around your house, you may have some plastic storage, things of that sort.
Miller says the impact is showing up far beyond fuel prices because many global household goods depend on petroleum-based materials and global shipping networks that remain under strain. Windsor Johnston, NPR News, Washington.
NPR has learned that campaign staffers have bet on their own candidates and made thousands of dollars on prediction markets. In this exclusive report, NPR's Luke Garrett tells us these staffers use inside campaign information to bet with an edge and win big.
Two campaign staffers granted anonymity for fear of retribution said the method is simple. Campaign staffers would get an unreleased poll, use it to buy advantageous event contracts, and then sell their contracts once the poll was released and their contract price soared. One staffer admitted to doing this themselves.
They won thousands, and their bet was verified by prediction market data reviewed by NPR. Current law bars prediction market bettors from using insider information to make money. But former commissioner at the Commodities Future Trading Commission, Kristen Johnson, doubted that the agency could police, quote, election positions.
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