The price of the Iran war

James Fishback is racist, antisemitic, economically populist, and the longshot candidate for Florida governor. He might be where the Republicans are heading next. This episode was produced by Miles Bryan and Kelli Wessinger, edited by Jolie Myers, fact-checked by Andrea López-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Sean Rameswaram. Image courtesy of Fishback for Florida/fishback2026.com. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Prediction markets like Kalshi and Polymarket are making it possible for just about anyone to profit off war. This episode was produced by Hady Mawajdeh, edited by Amina Al-Sadi and Jolie Myers, fact-checked by Andrea López-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Sean Rameswaram. A betting page on Kalshi about Iran closing the Strait of Hormuz. Photo by Samuel Boivin/NurPhoto via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Iran's top leaders are dead, but regime change isn't in sight, and the US and Israel's attacks are dividing Iranians at home and abroad. This episode was produced by Miles Bryan and Peter Balonon-Rosen, edited by Amina Al-Sadi, fact-checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Jonquilyn Hill. A huge Iranian flag alongside damaged structures in Tehran. Photo by Atta KENARE / AFP via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

We’re obsessed with sugar. And Big Sugar is obsessed with us. How do we make a break? This episode was produced by Miles Bryan and Ariana Aspuru, edited by Jenny Lawton, fact-checked by Melissa Hirsch, engineered by David Tatasciore, and hosted by Jonquilyn Hill. Image courtesy of Jenny Lawton. If you have a question, give us a call at 1-800-618-8545 or email [email protected]. Listen to Explain It to Me ad-free by becoming a Vox Member: vox.com/members. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Senator Bernie Sanders has a whole new reason to go after the world’s billionaires. We ask him about his proposed annual wealth tax and how he plans to rein in AI. This episode was produced by Jesse Ash, edited by Miranda Kennedy, fact-checked by Andrea Lopez-Cruzado, engineered by Shannon Mahoney and hosted by Astead Herndon. Sen. Bernie Sanders, I-Vt. at a confirmation hearing. Tom Williams/CQ-Roll Call, Inc via Getty Images. You can also watch this episode on video at youtube.com/vox. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

David Ellison’s daddy won him Warner Brothers. The rest of us are probably losing. This episode was produced by Kelli Wessinger and Avishay Artsy, edited by Amina Al-Sadi, fact-checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Sean Rameswaram. Paramount Skydance CEO David Ellison. Photo by PATRICK T. FALLON/AFP via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The war with Iran is deepening divisions in the US-Israel alliance, on both the left and the right. This episode was produced by Hady Mawajdeh, edited by Miranda Kennedy, fact checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd, and hosted by Sean Rameswaram. A billboard of President Donald Trump in Tel Aviv, Israel. Photo by Alexi J. Rosenfeld/Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Trump administration's immigration policies are taking a toll on families. No sign that the new pick running the effort will be any more moderate. This episode was produced by Peter Balonon-Rosen, edited by Miranda Kennedy, fact checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Sean Rameswaram. Image courtesy of Mica Rosenberg/ProPublica. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gas prices are spiking in the US. Markets are crashing. The whole world will pay for this war. This episode was produced by Kelli Wessinger and Avishay Artsy, edited by Amina Al-Sadi, fact-checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Noel King. Gas prices on Monday in Los Angeles. AP Photo/Damian Dovarganes. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you take the president at his word, the answer is yes. This episode was produced by Dustin DeSoto, edited by Amina Al-Sadi, fact-checked by Andrea Lopez-Cruzado, engineered by Patrick Boyd and David Tatasciore, and hosted by Noel King. An apple seller walking past a figure holding the Cuban flag with the word "Resilience" after a blackout in Havana. Photo by Yamil LAGE / AFP via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices