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Letters from an American

Iran War Affects Oil Prices and the Stock Market, Putting Pressure on Trump

Letters from an American

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March 9, 2026

Trump had no plan for what would happen in Iran. Initial strikes killed the people the administration thought could take over in Iran. Stopping traffic through the Strait of Hormuz has set off an energy crisis so severe it is threatening the global economy. Ties with Middle East countries are being strained by the spreading war. Increasing pressure over the Epstein files cause DOJ to release some missing documents. Desperate about the midterm elections, Trump attempts to force a vote on the SAVE Act to limit voting. Trump issues conflicting message about the course of the Iran War.


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