The week began with President Donald Trump saber-rattling like weâve never seen before. He threatened apparent war crimes and to end a âwhole civilizationâ if Iran didnât meet his demands. It is ending with Trump looking like heâs losing leverage, out of ideas â and increasingly anxious for an offramp. The economic news Friday was especially grim for Trumpâs ability to keep prosecuting this war and drive a hard bargain with Iran in upcoming negotiations. Letâs briefly recap: And perhaps most troubling for Trump, this could just be the beginning. As CNNâs David Goldman notes, the oil shock means inflation is likely to keep rising for months, even if the war is brought to a quick end and the Strait of Hormuz is reopened (if the war continues and the strait doesnât open in the next several weeks, this could get much uglier). That means a gloomy economic outlook could come dangerously close to the November election, when Republicans already face an uphill battle to keep control of the House. Undoubtedly, that creates pressure on Trump to cut a deal to end the war and reopen the strait. And that reduces his leverage in Iran negotiations â a reality thatâs been re
Apr 10, 2026 → Apr 12, 2026
As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience The world’s finance ministers and central bank governors gather in Washington this week for the…
Read original at The Guardian →3 updates from 2 sources over 2 days.
As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience The world’s finance ministers and central bank governors gather in Washington…
Read original at The Guardian →The week began with President Donald Trump saber-rattling like weâve never seen before. He threatened apparent war crimes and to end a âwhole civilizationâ if Iran didnât meet his demands. It is ending with…
Read original at CNN →A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday. On a monthly basis, prices rose 0.9%,…
Read original at CNN →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience The world’s finance ministers and central bank governors gather in Washington this week for the…
View source →The week began with President Donald Trump saber-rattling like weâve never seen before. He threatened apparent war crimes and to end a âwhole civilizationâ if Iran didnât meet his demands. It is ending with Trump looking like…
View source →A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday. On a monthly basis, prices rose 0.9%, triple the 0.3% pace…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
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