NPR News Now

NPR News: 02-28-2026 5PM EST

5 min
Feb 28, 2026about 2 months ago
Listen to Episode
Summary

NPR News covers major geopolitical developments including U.S. and Israeli strikes on Iran that killed Supreme Leader Ali Khamenei, Iran's closure of the Strait of Hormuz threatening global oil trade, European diplomatic responses, NASA's delayed Artemis II lunar mission, and entertainment industry news including Paramount's acquisition of Warner Brothers and strong box office performance for Scream 7.

Insights
  • Iran's closure of the Strait of Hormuz could significantly impact global oil prices and energy markets, creating economic ripple effects beyond the immediate geopolitical conflict
  • European powers are attempting to maintain diplomatic channels and negotiate on Iran's nuclear program despite military escalation, signaling a divergence from U.S./Israeli military strategy
  • Paramount Pictures' hostile takeover of Warner Brothers represents a major consolidation in Hollywood, occurring simultaneously with strong box office performance for their Scream franchise
  • NASA's repeated delays to Artemis II (February to March to April) suggest ongoing technical challenges with rocket systems that could impact the broader space exploration timeline
  • The convergence of geopolitical instability and entertainment industry consolidation reflects broader market volatility affecting both defense/energy and media sectors
Trends
Escalating U.S.-Iran military tensions with potential for broader regional conflict and economic disruptionStrategic chokepoint weaponization: Iran using control of Strait of Hormuz as economic leverage in geopolitical disputesEuropean diplomatic isolation: E3 nations pursuing independent nuclear negotiation track separate from U.S./Israeli military actionsSpace program technical delays: Repeated postponements of major NASA missions due to engineering challengesMedia industry consolidation: Hostile takeovers and merger activity in Hollywood studio landscapeBox office recovery: Strong opening weekend performance for major franchise releases in 2026Drone warfare expansion: Iran's stated plans for drone attacks on commercial vessels as asymmetric military strategyNuclear program escalation: Renewed focus on Iran's nuclear development as justification for military strikesWall Street volatility: Major indices declining amid geopolitical uncertaintyCommercial shipping security risks: Potential disruption to maritime trade routes due to military conflict
Companies
Paramount Pictures
Won hostile takeover bid to acquire Warner Brothers; Scream 7 opening weekend grossing nearly $60 million
Warner Brothers
Target of Paramount Pictures' hostile takeover acquisition bid
NASA
Artemis II lunar mission delayed to April; will carry first female and first Black astronauts to the moon
People
President Donald Trump
Announced Iran's Supreme Leader Ali Khamenei is dead; called for regime change and threatened Iranian targets
Ali Khamenei
Iran's Supreme Leader; reported killed by Israeli strike according to sources briefed on the situation
Quotes
"This regime will soon learn that no one should challenge the strength and might of the United States Armed Forces"
President TrumpEarly in episode
"Stay sheltered. Do not leave your home. It very dangerous outside. Bombs will be dropping everywhere."
President TrumpDuring Iran strike coverage
"All navigating through the Strait of Hormuz is forbidden. No ship in every type is not allowed to pass from a Strait of Hormuz."
Iran's Islamic Revolutionary Guard Corps NavyDuring Strait closure announcement
"I'm going to make everyone you love suffer."
Ghostface character (Scream 7)Box office segment
Full Transcript
Get in, loser. We're taking a trip under the sea to a junkyard. I've done cobra helicopters. We've seen old washer machines. Does a second strip book count. This junk helped create one of the world's largest artificial reefs and a new home for many marine animals. But how did our trash become another fish's treasure? Find out on Shortwave, listen in the NPR app or wherever you get your podcasts. Live from NPR News in Washington, I'm Janine Herbst. President Trump said on social media today that Iran's Supreme Leader Ali Khamenei is dead. A person briefed on the situation tells NPR he was killed by an Israeli strike. Earlier today, the U.S. and Israel conducted joint strikes on Iran. And as NPR's Tamara Keith reports, President Trump is calling for regime change. Trump cited malign behavior by Iran and its proxies going back to the 1980s. He asserted that Iran is trying to rebuild its nuclear program and could develop a missile that may someday reach the U.S. He said Iran's missile industry, Navy, and proxies would all be targeted. This regime will soon learn that no one should challenge the strength and might of the United States Armed Forces He then spoke directly to the people of Iran Stay sheltered Don leave your home It very dangerous outside Bombs will be dropping everywhere When we are finished, take over your government. It will be yours to take. Tamara Keith, NPR News. And following the strikes, Iran says it's closing the Strait of Hormuz, the waterway crucial to the world's oil trade following the Israeli strikes. Iran's state media said this was the announcement relayed by the Islamic Revolutionary Guard Corps Navy to ships in the area around the strategic waterway. All navigating through the Strait of Hormuz is forbidden. No ship in every type is not allowed to pass from a Strait of Hormuz. Iran also warned it planned to launch drone attacks on commercial vessels. It said they would be part of what it called intense attacks during the night, targeting military and economic interests. The narrow waterway controlled by Iran connects the biggest Gulf oil producers with the export route to outside markets. Closing the strait could lead to higher oil prices. Jaina Raff, NPR News, Amman. Europe is watching from the sidelines with a mix of alarm and caution as the U.S. and Israel attack Iran. And Perzeldner Beardsley reports France Germany and the U are calling for talks on Tehran nuclear program to resume The leaders of Europe three most powerful countries say they have long urged Iran to end its nuclear program stop destabilizing actions in the region, and cease the, quote, appalling treatment of its own citizens. Germany, France, and the UK, also known as the E3, underlined that they are not participating in the military strikes and reiterated their commitment to regional stability and to the protection of civilian life. but the leaders also condemned Iranian attacks on countries in the region and urged the Iranian leadership to seek a negotiated solution. Ultimately, they said, the Iranian people must be allowed to determine their future. Eleanor Beardsley, NPR News, Paris. And you're listening to NPR News from Washington. When NASA finally does launch the Artemis II lunar mission, mission. Among its four-person crew will be the first female and first black astronauts to head to the moon. The launch was originally scheduled for February, then pushed back to March, and now the space agency says April is the earliest it could launch. Problems included hydrogen and helium leaks. It will be NASA's first moon mission in more than 50 years and will be more than just a moon mission. NASA says it will also conduct scientific research on the astronauts' health, along with the rocket performance and of course the moon The seventh movie in the Scream horror franchise is making a lot of noise at the box office this weekend NPR Bob Mondello has more Paramount Pictures has a lot to scream about this weekend. The company appears to have won its hostile takeover bid to acquire Warner Brothers, a rival Hollywood studio. And Ghostface, Paramount's masked villain in the Scream movies, is scaring up some serious ticket dollars. I'm going to make everyone you love suffer. Industry estimates have Scream 7 bringing in nearly $60 million by Sunday night. That easily tops the opening of every previous Scream movie. It's also close to double the opening of Wuthering Heights two weeks ago, which had been the best weekend start of 2026. Bob Mondello, NPR News. On Wall Street this week, all three major indices fell from a week earlier. with the Dow Jones Industrial Average down more than 1%. I'm Janine Herbst, NPR News in Washington.