NPR News: 08-06-2026 5PM EDT

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What is the new Iran‑Oman agreement to reopen the Strait of Hormuz and how does it affect U.S. and Israeli ships?

Janine Herbst 0:00
Live from NPR News in Washington, I'm Janine Herbst. The Iranian parliament is reviewing an agreement between Iran and Oman to reopen the Strait of Hormuz. Oman sits on the southern side of the critical waterway that's been blockaded by Iran since the U.S. and Israel began their war in February. NPR's Hadil Al-Shulji has more.
Hadil Alshalchi 0:21
Iranian state media said that the agreement between Iran and Oman bans any U.S. or Israeli ships from moving through the Strait of Hormuz and that Iran will charge a fee of up to 7% of the value of a ship's cargo and impose a fine of up to 20% of that value if these conditions are broken. It said that ships will enter the Strait of Hormuz through the northern corridor of the strait near the Iranian coast, and they will exit through the southern corridor near the Omani coast. The U.S.

Why is the United States opposing the proposed fees for ships transiting the Strait of Hormuz?

Hadil Alshalchi 0:48
has been strongly opposed to any fees imposed on ships moving through the strait. The White House is yet to officially comment on the agreement. Hedil Alshalchi, NPR News, Istanbul.
Janine Herbst 0:59
President Trump's plans for the U.S. Navy to build new nuclear-powered battleships will take longer and cost a lot more than initially thought. That's the finding of a new report from the nonpartisan Congressional Budget Office, as NPR's Kat Lonsdorf reports.
Kat Lonsdorff 1:15
Trump announced the plan for the Navy to build its largest battleship since World War II back in December, saying they would be, quote, the fastest, the biggest and by far 100 times more powerful than any battleship ever built. They've been dubbed Trump class battleships. The first was initially said to cost around $15 billion, but the estimate by the CBO found it will likely cost more than $23 billion.

How much will President Trump’s proposed nuclear‑powered battleships really cost and how long will they take to build?

Kat Lonsdorff 1:36
14 additional ships are also estimated at substantially more than originally thought, with a total price tag of $275 billion for the whole fleet. U.S. shipyards also may not have the capacity to build such ships, the report found, saying the first might take eight years or longer to build. Trump had originally said at least two would be finished by the end of his term. Kat Lonsdorff, NPR News, Washington.
Janine Herbst 1:59
The Food and Drug Administration has approved the first flu vaccine that uses the same mRNA technology as COVID-19 vaccines. And here's Rob Stein has more.
Rob Stein 2:10
The vaccine is called M. fluciva. It was developed by Moderna, the same company that produced one of the two mRNA COVID shots.

What are the details of the FDA’s first mRNA flu vaccine, M‑fluciva, and why is it considered a breakthrough?

Rob Stein 2:18
Research indicates M. fluciva may be more protective than traditional flu shots. It can also be updated to adapt to new strains and produced much more quickly. The fate of the mRNA flu shot had been in doubt because of the Trump administration's hostility towards mRNA vaccines in the wake of the pandemic. In fact, the FDA initially refused to even consider the vaccine. Moderna says the new shot can now be available for the upcoming flu season. Rob Stein, NPR News.
Janine Herbst 2:53
Wall Street lower by the closing bell. You're listening to NPR News from Washington. Republican Senator Mitch McConnell says in a statement that he's been discharged from a rehab hospital and will continue his recovery from a fall in June at home.

How did the cash‑plus‑therapy program in Ethiopia impact income and mental health for ultra‑poor households?

Janine Herbst 3:10
The 84-year-old didn't provide a timeline on when he would return to the Senate, but some question his fitness to remain in office after McConnell hasn't been seen since the accident. That prompted calls for transparency from many, including Kentucky's Democratic governor, Andy Beshear. A new study in Ethiopia looked at whether a combination of cash transfers and mental health counseling could help people in poverty build longer-lasting stability. NPR's Fatma Taunus has more.
Fatma Tanis 3:40
Economists are looking for ways to break what they call the poverty-mental health vicious cycle. That's when poor mental health can impair a person's decision-making and productivity, and the stresses of poverty pile on. In 2022, researchers tested an intervention in ultra-poor villages in Ethiopia. Some households received group therapy. Others received cash in the amount of $279.

What are the latest Wall Street closing numbers and what political events are shaping the news cycle ahead of the midterms?

Fatma Tanis 4:03
A third group received both the cash and the therapy. Years later, researchers found that the therapy alone had virtually no impact.

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