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Letters from an American

Global Disruption and the War in Iran

Letters from an American

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March 20, 2026

Israeli forces hit South Pars gas field, Trump criticizes NATO for not joining the Iran war, International Energy Agency says conflict in Middle East has created the largest supply disruption in the history of the global oil market, Trump claims troops aren’t being sent to Iran but Pentagon is moving Marines to the Middle East, Administration is considering an assault on Kharg Island, Key inflation measures show higher prices, War is costing over $1 billion a day, Iran war is historically unpopular, Republicans in Congress won’t hold hearings demanded by Democrats, Concerns about an extended war drive down the stock market.

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