Trump's Iran Progress Claims, Oil Industry Profit From Iran War, Rubio Meets Pope Leo
Up First from NPR
May 7, 2026
The Trump administration faces mounting domestic pressure as high gas prices persist, while international relations fray with both Iran and the Vatican. Despite claims of a looming deal, Iran remains defiant, and energy giants cite extreme risk as a barrier to increasing supply.
Key insight: ExxonMobil's CEO revealed that despite seemingly lower earnings, actual profits were double what appeared on paper due to accounting lags in oil delivery, suggesting the industry is far more insulated than public reports indicate.
