Episode
An unpredictable ceasefire means unpredictable prices
- Podcast
- Marketplace Morning Report
- Published
- Jul 8, 2026
- Duration seconds
- 416
- Processing state
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Summary
President Donald Trump says the U.S.-Iran ceasefire is "over," but that talks can continue. The U.S. says Iran violated a memorandum of understanding when it attacked three tankers in the Strait of Hormuz, sparking additional back-and-forth attacks. So what happens to oil prices, traffic through the Strait of Hormuz, and prices at the pump now? Also on the show: the problem that comes when consumers keep anticipating price increases. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter . Marketplace Morning Report 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. Stories featured in this episode: Trump says the U.S.-Iran ceasefire is "over." What's that mean for prices? Fed survey shows rising inflation expectations, despite falling prices