Trump’s Iran War Adds Potential Shock for US Economy, Voters

President Donald Trump’s war against Iran risks delivering another shock to an economy that voters are already disenchanted with, just eight months out from mid-term elections.

The biggest domestic effects for Americans would likely arrive via more expensive gasoline, with the US and Israel launching attacks just a few days after Trump boasted about lowering pump prices in his State of the Union address. Economists are quick to caution that it’s too early to tell how the campaign for regime change in Iran will play out in energy markets. Crude was up by around 8% on Monday afternoon in New York.