"Susie Wiles, Trump’s chief of staff, keeps scheduling events in which he can talk about his plans to lower the cost of living. But the Iran war keeps making a nonsense of her efforts."

~ Edward Luce

#Trump #Iran #war #oil #gas #StraitofHormuz #prices #affordability #economy
/2

https://giftarticle.ft.com/giftarticle/actions/redeem/c4f2da57-8e04-45eb-bb4e-4878a98b6f96

"In short, the net result of Trump’s illegal war is that Iran is more radical, more powerful, and more dangerous than before the war. It is true that the US destroyed much (all?) of Iran’s ballistic missiles and most (all?) of Iran’s navy, but neither of those military achievements has prevented Iran from exercising control over the Strait of Hormuz."

~ Robert B. Hubbell

#Trump #Iran #war #oil #gas #StraitofHormuz
/3

https://roberthubbell.substack.com/p/trumps-illegal-executive-order-restricting

"About 20% of the global oil supply and LNG is now under the control of Iran, a situation that did not exist before the war."

#Trump #Iran #war #oil #gas #StraitofHormuz
/4

"The rise in gasoline prices, for which the national average just hit $4 a gallon, has made headlines. But other prices are also hugely important.

Most non-electric cars run on gasoline, but most trucks are fueled with diesel. And diesel prices are up even more than gasoline prices — approximately $1.70 per gallon as opposed to $1."

~ Paul Krugman

#Trump #Iran #war #oil #gas #StraitofHormuz #diesel #fertilizer #plastic
/5

https://paulkrugman.substack.com/p/4-gasoline-is-less-than-half-the

"The feedstocks for fertilizer are largely manufactured from natural gas, & Persian Gulf nations were major producers, shipping their production out through the Strait of Hormuz, before the war. Here’s what has happened to the price of urea: ...

And where do you think plastic comes from? Here’s the price of polyethylene: ...

Less than half of U.S. consumption of petroleum products was gasoline."

See Krugman's charts.

#Trump #Iran #war #oil #gas #StraitofHormuz #diesel #fertilizer #plastic
/6

"During the 2024 presidential election, Donald Trump promised that if he were elected president again, he would reduce the price of a gallon of gas by 50% within a year of taking office. '12 months from January 20th… your gasoline for your car is going to be 50% cheaper,' Trump declared at a speech to the Detroit Economic Club on October 10, 2024. 'That’s a big thing.'

~ Judd Legum and Rebecca Crosby

#Trump #Iran #war #oil #gas #StraitofHormuz #affordability
/7

https://popular.info/p/the-tale-of-the-tape-trump-repeatedly

"The only regime change I can see on the horizon is right here at home in November when the Republican regime loses control of Congress."

~ Lucian K. Truscott

#Trump #Iran #war #oil #gas #StraitofHormuz #affordability
/8

https://luciantruscott.substack.com/p/a-vacillating-befuddled-confused

"A new CNN poll shows Donald Trump’s approval rating on the economy has fallen to a career low of 31%, with most Americans saying his policies have worsened economic conditions. Rising gas prices—linked to the Iran conflict—are a major factor, with many households reporting financial strain and cutting back on spending."

#Trump #Iran #war #oil #gas #StraitofHormuz #prices #affordability #economy #ApprovalRating
/9

https://aaronparnas.substack.com/p/news-trump-moves-closer-to-leaving

“'I think he’s gone.' Trump’s former White House lawyer Ty Cobb says Trump is 'clearly insane'."

#Trump #Iran #war #economy #dementia #stupidity #narcissism #megalomania
/10

https://www.threads.com/@mikesington/post/DWl6WmhCbOC

"Trump is clearly enjoying living in a complete fantasy world where the US can simply walk away from the mess it made and let other countries figure out how to deal with it."

~ Marty Kelley

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #dementia #stupidity #narcissism #megalomania
/11

https://www.wonkette.com/p/trump-says-seven-impossible-things

"Maybe he even believes the US economy won’t be affected by sharply higher oil prices, fertilizer shortages for US agribusiness, slowdowns in supplies of critical materials like helium, disruptions to international shipping far beyond the Strait of Hormuz, that sort of thing."

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #dementia #stupidity #narcissism #megalomania
/12

"Average US fuel prices have exceeded $4 a gallon for the first time in four years, piling pressure on drivers as Donald Trump’s war on Iran continues to boost oil markets.

The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago. The fuel price last reached this high in August 2022."

~ Lauren Aratani

#Trump #Iran #war #oil #gas #StraitofHormuz #economy
/13

https://www.theguardian.com/business/2026/mar/31/us-average-fuel-prices-iran-war

"Trump has suffered so many setbacks in the last day that I couldn’t help wonder: Has Trump become a paper tyrant? … All strut and bluster but little ability to act beyond the bounds of his authority and power."

Jay Kuo

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #dementia #stupidity #narcissism #megalomania #PaperTiger
/14

https://statuskuo.substack.com/p/the-paper-tyrant

"The other day your faithful podcast host argued that Donald Trump’s presidency is in free fall in terms of public opinion. Now the signs are even clearer: His approval ratings have dropped below 40 percent in The New York Times’ polling averages and in two other sets of averages as well. That’s a critical milestone."

~ Greg Sargent

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #dementia #stupidity #narcissism #megalomania #ApprovalRating
/15

https://newrepublic.com/article/208446/donald-trump-presidency-free-fall

"People are tired of this mad king act. The reality is it’s not going to be one single thing. It is this constant sense of unaccountable, imperious governance—of his focus being on things like invading and occupying a major American city, or building himself a ballroom palace, instead of on regular people’s experiences, the cost of living, the crises that regular people are going through all over the country."

~ Leah Greenberg

#Trump #Iran #war #oil #gas #economy #ICE #ballroom
/16

"Trump is at a point in his Mad Kingy delusions that he cannot negotiate with any one, over any thing - he can only dictate, attack, and demand that his foes YIELD and BEND THE KNEE."

~ Simon Rosenberg

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #dementia #stupidity #narcissism #megalomania #MadKing #ApprovalRating
/17

https://www.hopiumchronicles.com/p/trump-must-now-fix-the-global-mess

"The markets are badly misreading Donald Trump. This morning, I interviewed a career intelligence analyst who goes by the Bluesky handle Shipwreck. He thinks it’s unlikely that he will announce the war’s end. Instead, it’s more likely he will announce its escalation. The goal, he said, might be placing ground troops on islands in the strait to reopen it to shipping."

~ John Stoehr

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #stupidity #narcissism
/18

https://www.editorialboard.com/there-will-be-no-victory-intel-analyst-expects-ground-invasion/

"Trump posted on Truth Social that Iran’s president — whom he described as 'much less radicalized and far more intelligent than his predecessors' — had asked the United States for a ceasefire. ...

There are two problems with this. First: there is no new Iranian regime president. It’s the same government. Same president. Trump either doesn’t know this or doesn’t care. Second: Iran did not ask for a ceasefire."

~ Ben Meiselas

#Trump #Iran #war #ceasefire
/19

https://www.meidasplus.com/p/wednesday-afternoon-news-updates-02b