Rising prices, mixed messages: Iran war is fraught with political risk for Trump
The war's price, measured in damage to the economy and in political costs to Trump, is still coming into view.
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Notable Quotes
"I have a plan for everything, OK?"
— Donald Trump , Politician
"I don't know, it depends. Wrapping up is all in my mind, nobody else's."
— Donald Trump , Politician
"We could call it a tremendous success right now."
— Donald Trump , Politician
"The ability for us to be up over the top and hunting with more conventional munitions, gravity bombs, 500lb, 1,000lb, 2,000lb bombs on military targets."
— Pete Hegseth , Executive
"I have a plan for everything, OK?"
— Donald Trump , Politician
"We're very far ahead of schedule."
— Donald Trump , Politician
"We could call it a tremendous success right now."
— Donald Trump , Politician
"The ability for us to be up over the top and hunting with more conventional munitions."
— Pete Hegseth , Executive
"Gasoline, which reached a peak of over $6 a gallon in some states under my predecessor — it was, quite honestly, a disaster — is now below $2.30 a gallon in most states, and in some places, $1.99 a gallon."
— Donald Trump , Politician
"As soon as this ends, those prices are going to drop, I believe, lower than even before."
— Donald Trump , Politician
"We knew that going in would be a factor."
— Marco Rubio , Politician
"I don't have any concern about it."
— Donald Trump , Politician
"They'll drop very rapidly when this is over, and if they rise, they rise, but this is far more important than having gasoline prices go up a little bit."
— Donald Trump , Politician
"Failure to act on price rises would be catastrophic for Republicans in the elections."
— Susie Wiles , Executive
"I have a plan for everything, OK?"
— Donald Trump , Politician
"I don't know, it depends. Wrapping up is all in my mind, nobody else's."
— Donald Trump , Politician
"We could call it a tremendous success right now."
— Donald Trump , Politician
"The ability for us to be up over the top and hunting with more conventional munitions, gravity bombs, 500lb, 1,000lb, 2,000lb bombs on military targets."
— Pete Hegseth , Executive
"record U.S. oil and gas production will help counter Middle East turmoil and prevent a spike in gas prices"
— Stephen Moore , Academic
"the U.S. could use a government-backed insurance program to lower war-risk premiums for vessels in the region."
— Donald Trump , Politician
Key People
Chris Wright is the U.S. Energy Secretary.
Former president of the United States known for his aggressive economic policies.
U.S. Secretary of State.
Pete Hegseth is the United States Secretary of Defense.
Stephen Moore is an economist and co-founder of Unleash Prosperity.
White House Chief of Staff.
Tags
All Coverage
The war's price, measured in damage to the economy and in political costs to Trump, is still coming into view.
An analysis of the economic and political challenges President Trump faces due to the ongoing conflict in Iran, highlighting rising prices and mixed messages from the administration.
A report on how the conflict in Iran is creating energy challenges for President Trump, with rising gas prices and political ramifications.
An analysis of how the conflict in Iran is leading to rising gas prices and potential voter frustration, affecting President Trump's political standing.
An exclusive interview with President Trump discussing his stance on rising gas prices amid the ongoing operation in Iran.
An analysis of President Trump's conflicting statements and the economic impact of the Iran conflict, highlighting rising gas prices and market volatility.
The article discusses the broader economic repercussions of the Iran conflict, including a 45% increase in air freight costs from Asia to Europe and rising gasoline prices in the U.S.
An article detailing President Trump's consideration of a government-backed insurance program to lower war-risk premiums for vessels in the Strait of Hormuz amid the Iran conflict.
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