Get all your news in one place.
100’s of premium titles.
One app.
Start reading
We Got This Covered
We Got This Covered
David James

‘High oil prices… for a little while’: Donald Trump admits his Iran war will drive cost of living up for regular folks

Tehran is currently being hit by an endless barrage of missiles, but you are about to take a direct hit to the wallet.

Donald Trump‘s decision to start a war in the Middle East is going to throw a Molotov cocktail into the global economy, with oil and gas production across the Middle East heavily disrupted and the key shipping lane that is the Strait of Hormuz now a warzone.

I’m not about to give an economics lesson here, but as you probably already know, the price of oil and gas is linked to the price of pretty much every other product, as the manufacture and transport of them rely on fuel.

So Trump had some unfortunate news to deliver. Sitting in the newly gilded Oval Office with several gaudy golden trinkets in the background, he delivered some bad news to the American people.

“I tell you what, I have never had more compliments on something I did. People felt it was something that had to be done. So… if we have a little high oil prices for a little while… uhm… but as soon as this ends those prices are gonna drop… I believe lower than even before.”

“As soon as this ends,” huh? So, after completely destabilizing the region, killing a religious leader, targeting key infrastructure, and with countless amounts of explosives, arms, and ammunition lying about, when exactly do you think this will “end”?

Hello misery!

Remember, this isn’t a situation that will resolve itself even if Trump declares victory and stops the bombing. Countries affected may have the oil and gas production affected for years to come as a result of the erasure of Iran as a functioning state, meaning that your already high cost of living may be about to double or triple!

MAGA strategists are sweating over these economic figures right now. The November midterms are fast approaching, and the economy is already wobbling. If the Iran situation sends it into a tailspin, that might be it for the whole MAGA project. Champagne time? Not quite, as everyday life will be that much more miserable for a very long time. Thanks, Donald!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.