Iran Conflict Challenges President Trump's Economic Claims Amid Rising Oil Prices
Rising oil and gas prices triggered by the U.S. conflict with Iran are undercutting President Donald Trump’s long-running claims of a booming American economy. The energy shock is hitting just as inflation remains stubborn and the Federal Reserve weighs whether higher costs have closed the door on interest-rate cuts this year. Households and businesses are already feeling the impact through higher fuel prices and growing uncertainty, with economists warning the economic fallout could linger well beyond the war itself. The conflict has introduced a significant new source of economic risk, with Iran’s disruption of traffic through the Strait of Hormuz rattling markets and driving a rapid rise in energy prices. 
