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Marketplace Morning Report

What war in the Middle East is costing you

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 18 May 2026

⏱️ 9 minutes

🧾️ Download transcript

Summary

The war in Iran has cost Americans more than $40 billion in additional fuel costs, according to an analysis from Brown University’s Watson School of International and Public Affairs. The costs go beyond just what Americans pay at the pump; higher diesel costs are factoring into rising prices for other consumer goods, too. This morning, we'll do the numbers. Plus, after a slowdown, "vertical dramas" are putting some Hollywood crews back to work.

Transcript

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0:00.0

Storms, floods, and fires are ever more extreme.

0:04.2

And yet, the Federal Emergency Management Agency is fighting for its life.

0:08.5

I've never been a big fan of FEMA.

0:10.0

FEMA's a disaster.

0:11.1

FEMA's a dirty way.

0:11.9

People are waking up in droves to the FEMA camps.

0:14.8

Can the agency survive the stories that have been told about it?

0:18.2

And can we survive without FEMA?

0:20.6

American Emergency, the Movement to Kill FEMA, is a brand new series from WNYC's On the Media.

0:27.2

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providing sophisticated business clients' high-quality legal services

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and counseling, clients turn to Stole Reeves for their most complex business challenges.

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Learn more at S-T-O-E-L.com.

1:01.1

What the war in the Middle East is costing you.

1:04.8

From Marketplace, I'm Nancy Marshall-Genser in Washington.

1:08.6

The war in Iran has cost Americans more than $40 billion in extra fuel costs.

1:14.6

That's according to an analysis from Brown University's Watson School of International and Public Affairs.

1:20.8

The costs go beyond just what Americans pay at the pump. Marketplace's Henry Epp is here with more.

1:26.1

Good morning, Henry. Hey, Nancy. So Brown's research finds that so far the war has cost each U.S. household about $318.

...

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