Marketplace All-in-One

One glaring result of President Trump’s war on Iran, one month in? High oil prices. If fuel stays expensive, the cost could ripple through the global economy. Analysts think the market for electric vehicles in the U.S. could see a boost, for example, as gas prices shoot up. And countries in Asia may reopen coal production plants as crude oil becomes scarce. Also in this episode: Aluminum prices spike, Unilever sells off its food brands to a spice giant, and plasma centers see more middle-class donors.

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Last week, at a time when the war with Iran has been roiling global energy markets, executives from energy companies all over the world gathered for CERAWeek, the “Super Bowl” of energy conferences. But as Marketplace’s Elizabeth Trovall tells us, conflict in the Middle East wasn’t the only hot topic there. Trovall joins Kimberly to discuss how the energy sector is confronting a wide range of disruptions, from geopolitics to technology.

Here’s everything we talked about today:

"At "Super Bowl of the energy industry," war in the Middle East is the hot topic" from Marketplace
"Gas prices eclipse $4 a gallon in the US, the highest since 2022" from AP News
"How Blocking Oil and Gas From Leaving the Strait of Hormuz Ripples Around the World" from The New York Times
"Venezuela oil production has reached 1.1 mln bpd in March" from Reuters
"Energy demand from AI " from the International Energy Agency

Got a question about the Iran war and its impact on the global economy? Leave us a voicemail at 508-U-B-SMART or email [email protected].

The United States is finally allowing Russian oil to be delivered to Cuba after months of what has basically been an energy blockade imposed by the U.S. The blockade has caused nationwide blackouts, severe fuel shortages, and shutdowns of schools and nonessential businesses. The BBC's Will Grant joins us for more. Then, we head to Boston, where one of the oldest trade schools in the country is teaching students skills like piano-tuning, locksmithing, and violin-making.

The average price of gasoline is now above $4 a gallon for the first time in three years. Some analysts say that's a key psychological barrier, above which consumers begin to shift behavior and cut back on spending. Plus, the spike in oil prices we’ve seen may more than completely offset the fiscal boost from this year’s tax refund, and roughly a third of people trading in their old cars are underwater on their car loans.

The promise of artificial intelligence is that it will take on all the boring tasks we don’t want to do and free us up to do the fun, high-level work.

But managing the AI tools can be its own kind of work. A new study from the Boston Consulting Group found that when workers have to closely monitor and manage their AI tools can cause cognitive exhaustion, which they dubbed “AI brain fry.”

Marketplace’s Stephanie Hughes spoke with Matt Kropp, managing director and senior partner at BCG and one of the co-authors of this new study.