Trump’s war in Iran has come with a growing price tag for Americans. Today, eight months into the conflict, it’s even worse. The average two-car American household is shouldering an extra $765 from higher gas prices since the war’s outbreak. Fuel price spikes are a twist of the knife for households already bearing the burden of Trump’s volatile tariffs.
As Americans are getting poorer, oil companies and President Trump are getting richer. In the first full economic quarter since the war began, the eight largest oil producers—including BP, Shell, Chevron, and ExxonMobil—have nearly doubled their combined profits since mid-2025. In an astounding conflict of interest, President Trump has gained $15.5 million in oil and gas stocks since the war started.
Unfortunately, the US appears far from resolving the conflict. Passage through the Strait of Hormuz remains dangerous, and President Trump himself has cast doubt that the administration is even negotiating with the right people.
Click on as we explain how President Trump’s war in Iran affects everything from farming to flying to driving. Until this conflict ends, Americans will continue to pay the price.
Read the whole story Past the Pump: How Americans are Footing the Costs of Trump’s War of Choice | Third Way
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