Are Higher Energy Prices Here to Stay?

The Daily

03/25/26

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24m

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Since the war in Iran began, President Trump has insisted that rising energy prices would be temporary. But strikes on natural gas facilities in the Persian Gulf last week have made the prospect of a quick recovery seem less and less likely.

Patricia Cohen, the global economics correspondent for The New York Times, explains why the impacts may be felt for years.

Guest: Patricia Cohen, the global economics correspondent for The New York Times.

Background reading:

Energy attacks in the war in Iran could turn economic shock into long-term damage.
Here is why Iran’s attack on an energy hub in Qatar spooked investors.

Photo: Hannibal Hanschke/EPA, via Shutterstock

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Previous Episode

How China Made Itself Tariff-Proof

March 24

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31m

About a year into President Trump’s global trade war, China hasn’t just survived. It has emerged stronger than ever on the world stage.

Keith Bradsher, the Beijing bureau chief for The New York Times, discusses the domination of China’s robot-powered superfactories and how the country essentially made itself tariff-proof.

Guest: Keith Bradsher, the Beijing bureau chief for The New York Times.

Background reading:

China’s secret weapon in the trade war is an army of factory robots.
Beijing announced a record trade surplus in January as its exports flooded world markets.

Photo: Qilai Shen for The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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Next Episode

The Airport Meltdown

March 26

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28m

For the past week, travelers flying across the United States have waited in security lines that snaked through airports and parking lots as Transportation Security Administration officers called out of work because of a partial government shutdown.

Karoun Demirjian, a breaking news reporter for the The New York Times, explains what has led to the extraordinary delays, and Michael Gold, a congressional correspondent for The Times, discusses the negotiations in Congress to bring an end to the crisis.

Guest: