NPR News: 06-17-2026 10AM EDT

Korva Coleman· Host0:00

Live from NPR News in Washington, I'm Korva Coleman. President Trump says he could resume bombing Iran if he doesn't like the tentative peace deal with Iran or Iran's behavior. NPR's Aya Batrawy says a little is known about the memo of understanding between the US and Iran.

Aya Batrawy0:16

They say the first is ending the war, the second is that Iran would open the Strait of Hormuz again for commercial shipping, and the third is that the US would end its blockade of Iranian ports. Iran also says that this is a one-and-a-half-page memorandum of understanding, and that after it is signed on Friday, the two sides will sit down for talks on the thorniest issues. That's Iran's nuclear program and US sanctions.

Korva Coleman· Host0:39

NPR's Aya Batrawy reporting. President Trump has been talking about the tentative deal at the G7 Summit in France that is now wrapping up. Trump is expected to hold a news conference soon. The G7 leaders praised the proposed deal, but have called for an additional one to bring peace and stability to the Middle East. Stocks opened higher this morning as investors wait to hear from the new chair of the Federal Reserve this afternoon. NPR's Scott Horsley reports the Dow Jones Industrial Average rose about two hundred points in early trading.

Scott Horsley1:11

Fed Chairman Kevin Warsh is overseeing his first interest rate policy meeting this week. It comes as a wartime spike in energy prices has pushed inflation to its highest level in more than three years. The central bank is expected to hold its benchmark interest rate steady today. Retail sales rose more than expected last month, fueled in part by higher gasoline