News Talk (WBAP-AM)

Trump Says Iran Deal Is Largely Negotiated as Hormuz Talks Continue

Syndicated Content — Sun, 24 May 2026 10:24:54 +0000

President Donald Trump said a possible agreement with Iran has been largely negotiated, including steps that could reopen the Strait of Hormuz after months of disruption tied to the conflict.

U.S. officials described the talks as showing progress, while Iranian state-linked media pushed back on parts of Trump’s claim, saying Tehran would keep control over shipping access through the waterway. The Strait of Hormuz remains central to the talks because it is one of the world’s most important routes for oil and gas shipments.

The proposed framework is expected to focus first on extending a ceasefire, easing restrictions around Iranian ports, and allowing safer maritime movement. Broader issues, including Iran’s nuclear program and sanctions relief, would be addressed in later negotiations.

Pakistan has played a role in mediation, with additional diplomatic support from regional governments. For now, both sides appear to be leaving room for more talks, while officials continue to stress that no final agreement has been completed.

Trump says a deal with Iran and opening of Strait of Hormuz are ‘largely negotiated’

Bruce Collins — Sat, 23 May 2026 23:50:05 +0000

ISLAMABAD, Pakistan (AP) — President Donald Trump says a deal with Iran, including opening the Strait of Hormuz, has been “largely negotiated.” He announced this on social media after talks with Israel and other allies. The deal, described as a “Memorandum of Understanding,” still needs finalization. It aims to end the war and includes two-month negotiations on Iran’s nuclear program. The U.S. would end its blockade of Iran’s ports. Iran has signaled “narrowing differences” in the talks. Both sides emphasize their key positions and warn of risks if attacks resume. Iran describes the draft as a “framework agreement” for more talks.

Suspect dead after opening fire near White House security checkpoint, Secret Service says

Bruce Collins — Sat, 23 May 2026 23:41:15 +0000

Trump Meets With National Security Team as Iran Decision Looms

Bruce Collins — Sat, 23 May 2026 07:39:57 +0000

President Donald Trump gathered senior national security officials at the White House on Friday as his administration reviewed its next steps on Iran. Officials briefed on the meeting said the discussion focused on the state of diplomacy, possible military options, and how to respond if talks do not move forward.

The meeting came as U.S. officials continued to assess Iran’s position and the risks of a wider conflict. People familiar with the planning said the Pentagon has prepared options for the president, though no final decision has been announced.

The situation has placed renewed attention on Trump’s foreign policy approach, especially his use of military pressure alongside negotiations. Iran remains a major focus for U.S. officials because of its nuclear program, regional influence, and long history of tension with Washington.

For now, the administration is weighing its choices while keeping both diplomacy and force on the table. Any next step could carry major consequences for the region and for U.S. policy.

Rising Gas Prices Means Higher Costs, and Uncertainty for Local Restaurants

Bruce Collins — Sat, 23 May 2026 06:03:21 +0000

(WBAP/KLIF) – Restaurants in North Texas are facing increased costs due to the Iran War, with over 75% of owners reporting rising expenses. The Texas Restaurant Association’s first quarter report for 2026 shows that 77% of operators experienced cost hikes, including fuel surcharges. The surge in gas prices resulting from the conflict between the U.S., Israel, and Iran has impacted businesses, however customer traffic has remained steady since most restaurants have absorbed the price increases. Despite the challenges, some restaurant operators have chosen not to raise menu prices, and are aiming to provide customers with a familiar escape from the uncertainties of the current situation.

Texas Instrument’s Stock Hits All-Time High

Bruce Collins — Sat, 23 May 2026 06:00:39 +0000

(WBAP/KLIF) – DALLAS, TX – On Friday, Texas Instruments saw its stock reach a record high of $315.57, up 5.8% from the previous day. Analysts upgraded the stock to a “buy” rating and raised price targets, citing the company’s strong position in power management and analog chips. Texas Instruments is investing in new production facilities and recently announced a $60 billion dollar investment in semiconductor production. The company’s shares have surged over 75% year-to-date and its market capitalization has grown to $282 billion dollars.

Tulsi Gabbard Resigns as Director of National Intelligence, Citing Her Husband’s Health

Bruce Collins — Sat, 23 May 2026 04:23:30 +0000

WASHINGTON (AP) — Tulsi Gabbard has resigned as President Donald Trump’s director of national intelligence, saying she needed to leave office as her husband battles cancer. She is the fourth Cabinet member to depart during Trump’s second term, all of them women. In her resignation letter, which she posted on social media, Gabbard said she told Trump she would leave her job on June 30. She said her husband had recently been diagnosed with a rare form of bone cancer and “faces major challenges in the coming weeks and months.” Trump posted that her principal deputy, Aaron Lukas, will serve as acting director of national intelligence.

Judge Dismisses Criminal Charges Against Kilmar Abrego Garcia, Who Was Mistakenly Deported

Bruce Collins — Sat, 23 May 2026 04:09:16 +0000

NASHVILLE, Tenn. (AP) — A human smuggling case against Kilmar Abrego Garcia in Tennessee has been dismissed without a trial. Abrego Garcia’s mistaken deportation to El Salvador last year became an embarrassment for President Donald Trump’s administration when it was ordered to return him to the U.S. Abrego Garcia claimed the timing of the criminal charges and inflammatory statements about him by top Trump officials demonstrated the prosecution was vindictive. A federal judge in Tennessee on Friday agreed to dismiss the charges. Abrego Garcia is a Salvadoran citizen with an American wife and child who has lived in Maryland for years, although he immigrated to the U.S. illegally as a teenager.

Rubio Reports ‘Slight Progress’ in Iran Talks as Pakistan Renews Efforts to Mediate a Peace Deal

Bruce Collins — Sat, 23 May 2026 04:07:47 +0000

TEL AVIV, Israel (AP) — U.S. Secretary of State Marco Rubio says “slight progress” has been made during talks with Iran. Rubio made the comment Friday as Pakistan’s army chief traveled to Tehran in a renewed effort to mediate a peace deal and uncertainty loomed over whether war will resume. The secretary of state’s remark comes days after U.S. President Donald Trump said he was holding off on a military strike against the Islamic Republic because negotiations were underway. Trump has been threatening for weeks that the ceasefire reached in mid-April could end if Iran does not make a deal.

Senators From Both Parties Push Hegseth for Action on Ukraine Aid

Bruce Collins — Sat, 23 May 2026 03:51:40 +0000

WASHINGTON (AP) — A bipartisan group of senators is pushing back on delays by the Department of Defense in sending roughly $600 million in security aid to Ukraine and other allies in eastern Europe. They sent a letter to Defense Secretary Pete Hegseth on Friday that calls for the funding to be disbursed. Friction has grown between Congress and the Trump administration in recent weeks as lawmakers push for updates on what has happened with $400 million in Ukraine aid and $200 million more for defense programs in Estonia, Latvia and Lithuania that was allocated by Congress last year. Democratic Sen. Dick Durbin and Republican Sen. Chuck Grassley led the letter. Republican Sens. Kevin Cramer and Thom Tillis, as well as Democratic Sens. Michael Bennet and Catherine Cortez Masto also signed it.