NPR News: 09-22-2026 3AM EDT
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Why is the Strait of Hormuz critical to global oil and gas prices?
Live from MPR News, I'm Giles Snyder. Oil and gas prices remain high as some crude oil is making its way through the Strait of Hormuz. M Pierasaya Petrauri reports that Qatar's energy minister says the strait is never going to be obsolete.
Sad el Khabi says there are imports and exports that need the Strait of Hermuz. Countering Treasury Secretary Scott Bessants comments that the waterway will become quote worthless as more energy pipelines are built. Here's El Khabi speaking at the Qatar Economic Forum in New York.
I think this is completely wrong. No, I'm telling the United States today.
What happened to the British tanker that was hit while navigating the Strait of Hormuz?
He also says it will take three years to repair cutter energy facilities hit by Iran in March during the US war.
The British military says a vessel was struck as it tried to make its way through the Strait of Hormuz Monday. In a statement, the UK's Maritime Trade Operations Center said the tanker was struck by an unknown projectile. There has been no claim of responsibility, but Iran has intensified its attacks on ships in the strait.
Wilber Rafael Garcias Perez is in ICE custody. His lawyer says he still has a bullet lodged in his back. The Homeland Security Department has released little information about the shooting, but Garcias Perez's lawyer says he was shot after an unmarked vehicle side-swiped his car to force it to stop. In Asia advanced in Tuesday trading after the NASDAQ hit a new record, the market's getting a boost from tech stocks, including Facebook Parent Meta, a financial supporter of MPR.
Why does Wilber Rafael Garcias Perez claim he was shot after a vehicle forced his car to stop?
MPR Sean Ruich has more.
The rally came in part from a slightly strange place, Apple's App Store. Earlier this month, Meta released a product called Muse, which is an artificial intelligence agent that can do digital tasks for users. Now the Muse app is number one on the App Store with positive reviews. Meta's share price rose more than 11%. And since Muse is an AI product that requires computational power, shares in several chip companies also. AMD ended the day up 10%, Intel rose 12%, and chip designer ARM Holdings leapt 17%. Crude oil prices were down, as were treasury yields, both of which are also generally considered good for stocks.
How is Meta’s new AI product “Muse” influencing the stock market and chip makers?
John Ruich, NPR News.
Paramount Sky Dance, one step closer to a deal to merge with Warner Brothers Discovery. The company settled an antitrust lawsuit filed by twelve state attorneys general Monday, effectively paving the way for an eighty-one billion dollar deal to cross the finish line. This is NPR. CNN, MS Now, and Politico have filed a lawsuit over being denied access to the White House. The lawsuit calls the administration's move to bar reporters from the three, a blatant violation of the First Amendment. President Trump said last week that he was barring them because of reporting that he deemed fake news. The major television networks have suspended pool coverage after CNN said Monday.
What are the details of the $81 billion Paramount‑Warner Bros. Discovery merger?
That it was not able to provide coverage of Trump's trip to the United Nations General Assembly in New York as a result of the ban. MPR says it will not use pool audio until further notice. Trump administration fast tracking logging in some areas recently burned by wildfires, Oregon Public Bragg Broadcasting's April Ehrlich reports.
The U.S. Forest Service is proposing to log about five thousand acres in central Oregon, where a wildfire burned this summer. The agency gave local tribes, counties, and the public just one week to weigh in. The Trump administration is invoking a new policy that fast tracks post fire logging. Environmental groups say the Forest Service is rushing a sensitive process.
Why is the U.S. Forest Service fast‑tracking post‑fire logging in Oregon?
Eric Fernandez is with Oregon Wild. This project may be the first of many where we see excessive logging on public lands after a fire with near zero public process. Researchers say wildlife needs some dead trees left behind for food and shelter. Timber groups say those trees are a fire risk and need to be removed quickly before the wood quality degrades. For NPR News, I'm April Erlich in Portland, Oregon.
And I'm Giles Snyder. This is MPR News.
This week on Up First we talk about the economy.
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Chapters
6 chapters
1
Why is the Strait of Hormuz critical to global oil and gas prices?
0:00–0:51
2
What happened to the British tanker that was hit while navigating the Strait of Hormuz?
0:51–1:59
3
Why does Wilber Rafael Garcias Perez claim he was shot after a vehicle forced his car to stop?
1:59–2:40
4
How is Meta’s new AI product “Muse” influencing the stock market and chip makers?
2:40–3:26
5
What are the details of the $81 billion Paramount‑Warner Bros. Discovery merger?
3:26–4:09
6
Why is the U.S. Forest Service fast‑tracking post‑fire logging in Oregon?
4:09–5:03