Infindi

A race is on to see whose economy breaks first in the war with Iran.

President Donald Trump is using a U.S. naval blockade to slowly strangle Iran’s economy to force the country’s leaders to relent — a process that could take weeks or even months. Meanwhile, Iran is betting that its closure of the Strait of Hormuz will send oil prices soaring and inflict enough pain on the U.S. economy to force Trump to back down — a risk that oil analysts say could be just a few weeks away from playing out.

Who blinks first in the standoff could determine whether the eight-week war ends soon or escalates into something worse. It is a new stage of a conflict that points to prolonged pain for Iranians, Americans and a global economy that is being starved of critical energy supplies.

https://www.ms.now/news/iran-war-gas-prices-trump-economy-blockade-hormuz

Although the Trump administration announced Tuesday it had reached a provisional two-week ceasefire with Iran, global supply chains will still be reeling for months from the conflict and its upheaval to oil and gas production.

Some consequences of the war—such as a higher baseline level of risk in the Persian Gulf region—will likely persist even if traffic again flows through the Strait of Hormuz and oil production comes back online, resulting in higher costs for shipping, fuel, and other commodities.

The Trump administration’s war of choice caused unnecessary loss of life, displaced civilians, and has seen both sides damage critical infrastructure across the region.

The war accomplished none of the Trump administration’s objectives, unclear as they were.

Iran is now led by a more defiant, hardline leader; it retains enriched uranium stockpiles; it is in a position to rebuild its weapons arsenal; and now it has effectively established control over the critical Strait of Hormuz.

The war has also been economically costly.

As of late March, it had cost the U.S. government an estimated $25 billion, with costs beyond that estimated at around $500 million per day.

With uncertainty being the only certain thing in the near future, will this war end in peace, or intervention of the tyranny of Trump?

https://www.americanprogress.org/article/trumps-war-may-be-over-but-the-economic-damage-is-not/

Conflict in the Middle East has disrupted the global oil supply chain, causing gas prices to soar. In the US, the average price for a gallon of gas hit $3.59 earlier this month, according to AAA, up $0.65 from last month and $0.51 from last year.

Gas prices are rising at a time when companies have been pushing for more in-office attendance, and employees have been largely dissatisfied with their commutes. If the trend continues, it may create recruitment and retention issues for HR pros, Ron Porter, a senior partner at consulting firm Korn Ferry, told HR Brew.

“If you’re an employer, and you’ve got people who are on the edge of, let’s say, ’Is this job affordable? Are there other things I could be doing instead of this?’ You could have some risk of some turnover,” Porter said. “This may have been a problem that existed before. It’s just being exacerbated now with the oil crisis.”

https://www.hr-brew.com/stories/2026/03/24/as-gas-prices-rise-companies-may-rethink-in-office-attendance-requirements