President Trump called off the a ceasefire with Iran Wednesday morning, sending the U.S. back into a military conflict — and sending oil prices back up after weeks of steady cooling. In this episode, Kai calls up economist Robin Brooks at Brookings to explain how a reignited war will affect global oil markets and prices at the pump. Plus: Retailers stock up early for the 2026 holiday season, businesses surpass homes’ energy use for the first time on record, and corporations issue more shares to raise capital.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Read the stories in today’s episode:

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.