Donald Trump‘s war with Iran is rapidly spiralling out of his control. Trump apparently assumed attacking Iran would be as straightforward as Venezuela: a rapid decapitation strike against its leadership followed by a quick withdrawal.
I don’t know if you’ve seen the news lately, but… it hasn’t exactly played out that way. Iran, having prepared for decades for this precise eventuality, has aggressively responded by closing the Strait of Hormuz, wreaking chaos in its Middle Eastern allies, and upending the global energy market.
The situation was already explosive, but went supercritical yesterday when Israel launched a strike against Iran’s South Pars energy facilities, part of the world’s largest natural gas field. Iran responded by striking a key energy complex in Qatar, instantly spiking global energy prices.
Trump is now in panic mode, as it’s becoming clear his war could plunge the planet into the kind of energy crisis not seen since the 1970s. Being responsible for a global recession isn’t a good look, and he took to Truth Social to try and pass the buck onto Israel, insisting that “The United States knew nothing about this particular attack.”
Don’t try to wriggle out of this, Donny
Trump is lying. The United States was informed in advance of Israel's strike on the South Pars gas in Iran. pic.twitter.com/Q8gB2aT5Wu
— Mukhtar (@I_amMukhtar) March 19, 2026
Israel has now pushed back, indicating that Trump needs to be a good boy and do what he’s told. As per Israeli journalist Barak Ravid, “senior Israeli” officials have underlined that the United States not only knew about the Israeli strike on the gas field, but explicitly approved it. Trump didn’t foresee that Iran would retaliate, and is now frantically trying to close the stable door after the horse has bolted.
This war – entirely instigated by Trump and Netanyahu – looks set to usher in a global energy crisis with all the hallmarks of mimicking the 1973-74 Arab oil embargo.
For Americans, that meant gasoline shortages and long lines at pumps. Panic buying followed: people topped off tanks whenever possible, fearing worse shortages later. There were fights at stations, people siphoning gas from others’ cars, and even occasional violence or tanker hijackings in extreme cases.
Prices skyrocketed – gas went from around 38 cents a gallon in 1973 to over 55 cents by 1974 – and higher still in 1979. This hit household budgets hard, contributing to stagflation (stagnant growth plus high inflation), higher costs for food, heating, and literally everything transported by truck.
So, when things get miserable very fast, very soon, remember that Donald Trump didn’t need to do this. He chose to, and you’re suffering the consequences.
