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Chapter 1: What impact does President Trump's deal with Iran have on global oil prices?
Live from NPR News in Washington, I'm Janine Hurst. Global oil prices are down sharply after President Trump announced a deal with Iran that will be signed this week. The global benchmark is down nearly 4 percent to around $84. As NPR's Camilla Dominovsky reports, markets have been anticipating a deal.
Trump's first post about a deal came shortly before oil futures markets opened for the week on Sunday evening, and prices promptly dropped like a rock. And oil futures had already fallen significantly on Thursday and Friday in anticipation of a deal. Traders have gotten their hopes up for a reopened Strait of Hormuz repeatedly since the U.S. and Israel started this war.
But oil prices have not been this low since the very first days of the conflict. Trump's second post on the deal says the strait will be reopened when the deal is signed Friday, quote, for purposes of mine removal. Camila Dominovsky, NPR News.
The G7 summit opens tomorrow in the French Alps, where President Trump will meet the leaders of the world's six other largest economies to tackle some of the world's thorniest problems. NPR's Eleanor Beersley reports security will be tight.
Thousands of protesters turned out Sunday in neighboring Geneva, Switzerland, against what they say is the over-concentration of political and economic power in G7 nations. The French town of Evian-les-Bains is under lockdown and practically deserted as it prepares for the arrival of leaders from the U.S., Canada, France, Germany, the U.K., Italy, and Japan.
The two days of meetings will be secured by thousands of French riot police, cybercrime and anti-terrorism squads, bomb disposal units, drone pilots, helicopters, and close to 1,000 military personnel from the French Air and Space Force. Eleanor Beardsley, NPR News, Paris.
The number of screw worm cases continues to rise. According to the Department of Agriculture, there are now 12 confirmed infestations, 11 in Texas, one in New Mexico. Texas Public Radio's David Martin-Davies has more.
The latest confirmed case of the New World screw worm is in a sheep in Sutton County, 135 miles northwest of San Antonio. The tracking of the flesh-eating parasite shows it has moved beyond the Texas-Mexico border zone and into the Texas Hill Country. The screw worm is a parasitic fly that attacks cattle, sheep, goats, wildlife, pets, and rarely people.
A screw worm fly lays hundreds of eggs in an open wound or body opening such as a nose in a living, warm-blooded animal. The rapid infestation can be deadly. Livestock owners are being urged to inspect animals regularly and immediately report a suspected infestation to a veterinarian. Screwworm poses a potentially devastating threat to the cattle industry.
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Chapter 2: What security measures are in place for the G7 summit in France?
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