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5 min readLive from NPR News in Washington, I'm Korva Coleman. Stocks opened lower this morning as shipping traffic through the Strait of Hormuz remains stalled. NPR's Scott Horsley reports the Dow Jones industrial average slipped about 15 points in early trading. Crude oil prices rose as hopes for an early resumption of tanker traffic declined, but the U.S. benchmark is still under $90 a barrel. The high price of jet fuel is also a headwind for airline stocks. The building supply company QXO is already a big provider of roofing and waterproofing materials. Now it's adding insulation. Scott Horsley, NPR News, Washington.
The Trump administration has opened a website for some businesses to apply for refunds for tariffs they've paid. The Supreme Court overturned some of President Trump's tariffs. Importers who paid the direct tariffs will qualify.
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What you'll learn
- 1 (00:03) **Iran Negotiations Stalled** - Iran’s foreign minister says no new talks are planned, citing US lack of seriousness and ceasefire violations.
- 2 (00:29) **Pakistan Prepares for US Delegation** - Islamabad is ready to host a US delegation for talks, with high security measures already in place.
- 3 (01:00) **Stocks Open Lower Amid Hormuz Strait Blockage** - The Dow slipped in early trading as crude oil prices rose due to stalled shipping traffic through the Strait of Hormuz.
- 4 (01:35) **QXO Expands Into Insulation** - The building supply company, already a big provider of roofing and waterproofing, is now adding insulation to its offerings.
- 5 (01:52) **Tariff Refund Website Opens** - The Trump administration has opened a website for some businesses to apply for refunds on tariffs the Supreme Court overturned.
- 6 (02:10) **Virginia Ballot Measure on Redistricting** - Virginia voters are deciding on a measure to allow congressional districts to be redrawn to favor Democrats, with the outcome uncertain.
- 7 (03:15) **France Investigates Elon Musk Over X Content** - French prosecutors have asked Elon Musk to appear for an interview over allegations that X publishes child sexual abuse material and harmful deepfakes.
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