In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
This post first appeared in The New York Times – Business. Read the original article.How Trump and His Advisers Miscalculated Iran’s Response to War
The New York Times – Business:
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Bessent, Scott, Defense Department, Hegseth, Pete, Iran, Iran-Israel War (2025- ), Leavitt, Karoline, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Rubio, Marco, Ships and Shipping, State Department, Strait of Hormuz, Trump, Donald J, United States Defense and Military Forces, United States Economy, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026), Vance, J D, War and Armed Conflicts, Wright, Chris (1965- )

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