The Iran war's economic blowback is getting real

 https://www.axios.com/2026/03/09/iran-war-oil-economy-blowback-prices-us

In the first week of the American and Israeli attack on Iran, the economic ripples were looking pretty minimal. But as Week 2 begins, the risks to the global economy are growing much more serious.

You can't decapitate the leadership of a country of 90 million people, with expansive military and intelligence capabilities, in the heart of some of the world's most economically important supply chains, without a huge cost.

Solid GDP growth is no consolation for higher day-to-day prices for American consumers, which doomed Joe Biden's popularity. If the recent energy price surge is sustained, that will be Trump's burden as well.