NPR News: 07-23-2026 4PM EDT

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Lakshmi Singh 0:01
Live from NPR News, I'm Lakshmi Singh. Global oil prices are surging at one point today past $100 a barrel as fighting escalates between the U.S. and Iran. NPR's Hadil Alshalchi has the latest from Istanbul.

How did oil price spikes reflect Red Sea attacks and Houthi blockades?

Hadil Alshalchi 0:17
The price for a barrel of Brent crude oil, the international standard, soared more than 6% to $100 as the Iranian-backed Yemeni Houthi rebels attacked two Saudi oil tankers in the Red Sea. The Houthis are blockading the Bab al-Mandab Strait, a key shipping route which connects the Red Sea with the Gulf of Aden and the Indian Ocean. It's a second choke point for oil transportation besides the Strait of Hormuz. Trump threatened the Houthis, saying they would face, quote, major military punishment if they kept attacking ships. The rise in oil prices could inflate costs, which could force the Federal Reserve to increase interest rates. Hadil Al-Shalji, NPR News, Istanbul.
Lakshmi Singh 0:55
The Dow closed down more than 500 points or nearly 1%. The Nasdaq was down 553 points, more than 2%. The Justice Department has withdrawn its subpoenas to compel three New York Times journalists to testify about their sources for articles about the new Air Force One Qatar gifted to President Trump. A federal judge told the government attorneys the administration was required to ensure it could not obtain what it needed from any other sources before issuing subpoenas to journalists. NPR's David Fockenflik describes what happened ahead of today's decision.
David Folkenflik 1:27
This clash erupted after The Times reported that the U.S. Secret Service interceded to convince Trump not to take the new jet home from the NATO summit in Turkey earlier this month. The Times alleges the Trump administration is attempting to intimidate its reporters, seeking phone records not just of its journalists, but of some of their family members. Trump has sued The Times for defamation, while the paper has sued the administration to block new restrictions on covering the Pentagon.
Lakshmi Singh 1:51
NPR's David Fokenflik reporting. The European Union is imposing a $1 billion fine on Google, accusing the Alphabet-owned company of favoring its own services and search results while restricting competitor app developers. NPR's Eleanor Beardsley reports the EU penalized Google as the European bloc braces for new U.S. tariffs.
Eleanor Beardsley 2:12
The fine is part of Brussels' ongoing efforts to regulate big tech companies. It caps an investigation launched in March 2024 under the EU's Digital Markets Act, which attempts to make digital markets fairer and more contestable. They claim Google set up their search engine and Google Play to favor its own services over their competitors. The European Commission says it is acting to protect consumer interests. Google says the fine harms European businesses and consumers. The find comes at a time of high trade tensions between the EU and U.S. Eleanor Beardsley, NPR News, Paris.
Lakshmi Singh 2:47
U.S. Trade Representative Jameson Greer issued a statement accusing the EU of unfairly targeting the most competitive American companies and undermining trade relations with Washington. It's NPR News. While it might be tempting to just wait for the movie version of a book, the star-studded film adaptation of Homer's epic The Odyssey, heard in this trailer, seemed to have the opposite effect.
David Folkenflik 3:13
Help me go home.
Lakshmi Singh 3:16
Book sales have surged, according to industry tracker Circana Bookscan. And as NPR's Sequoia Carrillo reports, many high school English teachers already well familiar with the reading material find Hollywood's version is making them eager to get back to the classroom.
Sequoia Carrillo 3:31
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. Many teachers use clips from past adaptations, like the 1997 Hallmark miniseries. A great teaching tool, but one that Crowher's students find, quote, silly. So after he saw The Odyssey, he posted his gratitude for the film's director on TikTok.

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