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NPR News Now

NPR News: 06-12-2026 4PM EDT

12 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

What recent developments are there in the U.S.-Iran peace negotiations?

0.976 - 23.423 Windsor Johnston

Live from NPR News in Washington, I'm Windsor Johnston. A senior Trump administration official says the agreement to end the war with Iran is not 100 percent there, but it's possible it could be finalized in the coming days. NPR's Deepa Shivaram reports President Trump has gone back and forth over reigniting attacks on Tehran and moving toward a peace deal.

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23.639 - 42.865 Deepa Shivaram

The official who was not authorized to speak publicly says the U.S. and Iran are about 80 to 85 percent of the way to an agreement, but nothing is finalized. It comes after days of back and forth from Trump, who relaunched attacks on Iran this week after saying a peace deal would come within two to three days. The U.S.

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42.905 - 64.529 Deepa Shivaram

official says the deal would reopen the Strait of Hormuz and end the blockade there, and it would end Iran's nuclear program and work on a performance-based model with incentives for Iran. The official says they expect U.S. allies, including Israel, to get on board with the peace agreement. Iran's foreign minister posted on social media saying an agreement has, quote, never been closer.

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65.01 - 67.112 Deepa Shivaram

Deepa Shivaram, NPR News, the White House.

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69.303 - 81.068 Windsor Johnston

The opening bell at the Nasdaq today as SpaceX made its market debut. NPR's Jeff Brumfield reports company shares opened above the listing price.

81.25 - 106.718 Jeff Brumfield

SpaceX began trading at $150 a share. That's around 11% over the $135 the company had named as its list price. It's now officially the largest initial public offering in history. The IPO is also set to make Elon Musk even richer. He could become the world's first trillionaire. The soaring stock price comes despite the fact that SpaceX has been recording big losses in its AI business.

106.698 - 115.53 Jeff Brumfield

Investors are betting that Musk's vision can take the spaceflight company literally to the moon and beyond. Jeff Brumfield, NPR News.

116.211 - 131.693 Windsor Johnston

The Washington National Opera has filed a lawsuit against the federal government. The complaint alleges the Kennedy Center owes the orchestra more than $17 million in donations. NPR's Isabella Gomez Sarmiento reports.

131.673 - 152.871 Isabella Gomez-Sarmiento

The WNO's lawsuit accuses the Kennedy Center of wrongfully withholding several years' worth of donations and contributions. The Opera and Performing Arts Center ended their long-term affiliation earlier this year. In the complaint, the WNO states that the opera's funds were managed by the Kennedy Center, but that they were supposed to remain two separate legal entities.

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