NPR News: 07-23-2026 10PM EDT

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What U.S. military strikes on Iran were reported and why were they carried out?

Ryland Barton 0:00
Live from NPR News in Washington, I'm Rylan Barton. The U.S. conducted another round of strikes on Iran. Military officials say the strikes were designed to degrade Iran's ability to target commercial ships. Meanwhile, President Trump says any damage done to ships in the Iran war will be paid for with Iranian assets if the U.S. is frozen. And earlier, Yemen's Iran-backed Houthi rebels said they attacked two Saudi oil tankers in the Red Sea. The escalations have sent oil prices surging. NPR's Alina Selyuk has more on the ripple effects.
Alina Selyukh 0:32
Today, we saw airline stocks really have a rough trading day because the surge in oil prices suggests a surge in jet fuel. Another piece of news today came from the mortgage market, which is also interestingly connected to all this. It's kind of a reflection of how the price of oil goes into the cost of shipping, all kinds of things. And so there is a concern about inflation, how the government would respond with interest rates. Already, fuel prices are driving up the yield on the 10-year Treasury bond. And this is the part that matters. That has been boosting mortgage rates. The average rate for a 30-year mortgage hit 6.58% this week, the highest in nearly a year.
Ryland Barton 1:07
NPR's Alina Selyuk reporting. Tennessee's new congressional map will stay in place for the midterm elections.

How are recent Iran-related attacks affecting global oil prices and shipping?

Ryland Barton 1:13
A second federal judge denied a request to reverse the state's mid-decade redistricting plan before next month's primaries. Mariana Bacchiao of member station WPLN reports a legal challenge to the map is still ongoing.
Marianna Bakayau 1:25
A lawsuit challenging the new map is still underway. The ACLU, NAACP and other voting rights groups contend that splitting Memphis into three districts dilutes the majority black city's voting power. Republican lawmakers redrew the state's congressional map in May, heeding a call from President Trump to create more GOP-friendly districts ahead of the midterm elections. Tennessee Republicans say the change was about politics, not race. Trump has endorsed a state senator in the GOP race to flip Memphis' former congressional district red. For NPR News, I'm Marianna Bakayau in Nashville.
Ryland Barton 2:03
A group of Russian hackers is getting more advanced when it comes to spying on sensitive emails about national security in the U.S., Ukraine and Europe. NPR's Jenna McLaughlin reports digital espionage remains a major part of the war in Ukraine.
Unknown 2:17
Cybersecurity firm Proofpoint teamed up with the U.S. government to reveal new details about a group of Russian hackers referred to as Laundry Bear.

How are rising oil prices influencing mortgage rates and the broader economy?

Unknown 2:25
According to a new advisory, the group has been spying on government and defense-related targets in the West since at least last summer, simply by getting their victims to open or preview a malicious email. The hackers took advantage of a previously unknown vulnerability in software used by email provider Zimbra. The flaw has been fixed, but without installing updates, users are still at risk, a major concern during the ongoing war in Ukraine. Jenna McLaughlin, NPR News.
Ryland Barton 2:51
Sharp drops for Google parent company Alphabet and Tesla led to the worst U.S. stock market close in a month. This is NPR. More than two dozen states are suing the Trump administration after it required them to transmit lists of registered voters to the Department of Homeland Security and help with immigration enforcement in order to get disaster aid. The states argue putting conditions on congressionally approved funding for natural disasters and emergencies violates the Constitution. Among the millions who saw the odyssey this week were many high school English teachers. The summer blockbuster about Odysseus' 20-year journey home made them eager to get back to the classroom. NPR's Sequoia Carrillo reports.
Sequoia Carrillo 3:33
Casey Crowhurst has taught high school English for the past 16 years, and getting his students at Monticello High School in Eastern Illinois to care about a story written thousands of years ago has always been a challenge. Even though The Odyssey is a favorite of English teachers, it takes a bit of convincing to sway some students.

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