The war has been having a major impact on the economy.
Markets are staying relatively stable, surprisingly, to many analysts, but what is happening is that there is an increased cost of living for the average American.
Now, this is not only at the gas pump, where the price of petrol has risen sharply, but also in terms of everyday goods, because the single most important thing in terms of getting goods into the shops is diesel.
With the increasing price of diesel, transport costs go up. And, therefore, what Americans buy at the stores is increasing in cost.
This is going to have a political effect in the midterm elections later this year, because rising prices is something that President Trump insisted he would not allow. It was one of his campaign issues, and yet now, on his watch, prices are rising sharply.
Americans are noticing that, and certainly, it’s something that may impact which way they vote come November.
The war has been having a major impact on the economy.
Markets are staying relatively stable, surprisingly, to many analysts, but what is happening is that there is an increased cost of living for the average American.
Now, this is not only at the gas pump, where the price of petrol has risen sharply, but also in terms of everyday goods, because the single most important thing in terms of getting goods into the shops is diesel.
With the increasing price of diesel, transport costs go up. And, therefore, what Americans buy at the stores is increasing in cost.
This is going to have a political effect in the midterm elections later this year, because rising prices is something that President Trump insisted he would not allow. It was one of his campaign issues, and yet now, on his watch, prices are rising sharply.
Americans are noticing that, and certainly, it’s something that may impact which way they vote come November.
https://www.aljazeera.com/news/liveblog/2026/4/28/iran-war-live-trump-reviews-peace-plan-un-calls-for-hormuz-to-reopen