NPR News: 03-19-2026 8PM EDT
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🗓️ 20 March 2026
⏱️ 5 minutes
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Transcript
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| 0:00.0 | Live from NPR News in Washington, I'm Rylan Barton. The U.S. and Israel's war with Iran continues to escalate. Yesterday, Israel attacked a crucial Iranian natural gas field. And then Iran responded today with a strike on the world's biggest liquefied natural gas complex in Qatar. Now the Trump administration is proposing $200 billion in additional funding for the war. |
| 0:22.9 | Thomas Wright served as senior director for strategic planning at the National Security Council under |
| 0:27.7 | President Biden. He says it's unlikely Iran will surrender anytime soon. |
| 0:31.9 | I think Iran only wants the war to end when it has some guarantee that he won't be back |
| 0:37.3 | in six or eight or ten months |
| 0:39.9 | to strike again if it rebuilds. I think they want to impose costs on the U.S. and in Israel |
| 0:47.8 | to deter a future strike. And so I don't think they would necessarily accept an unconditional cessation. |
| 0:55.9 | Global crude oil prices continue to swing during the war, hovering around $107, and gasoline |
| 1:01.5 | prices in the U.S. continue to climb. The U.S. has pulled many levers to try to bring prices |
| 1:06.3 | down and is considering others. But as NPR's Kamilla Dominovsky reports, the scale of the disruption |
| 1:11.8 | to global oil markets is profound. About 20 million barrels per day typically passes through the |
| 1:17.0 | Strait of Hermuz. Right now, maybe 5 million is making it around the straight, like through pipelines. |
| 1:22.3 | Dan Pickering is the chief investment officer at Pickering Energy Partners. |
| 1:25.4 | 15 million barrels a day isn't easy to offset anywhere. |
| 1:28.7 | That's the total production of the United States and we're the biggest producer in the |
| 1:32.7 | world. |
| 1:33.4 | There is no easy fix. |
| 1:35.5 | Tapping stockpiles and easing U.S. sanctions only partly fills the gap. |
| 1:40.0 | And waiving the Jones Act, which mandates goods traveling between U.S. ports be sent on American-built ships, might ease gasoline prices by a penny or less. |
| 1:49.8 | Camila Dominovsky, NPR News. |
| 1:51.9 | The Trump administration announced today that it will move significant management of the nation's federal student loan portfolio to the Treasury Department, continuing President Trump's effort to shrink |
| 2:01.8 | and eventually shudder the Education Department. NPR Sequoia Corrillo reports. In the administration's |
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