Source: Fortune.com
Summary
President Donald Trump will address the nation on the Iran situation, with gas prices crossing $4 a gallon and his approval rating below 40%. Trump is expected to frame the war as a victory and claim “full regime change” in Iran. However, the ceasefire picture is unclear, and the Strait of Hormuz remains a point of contention. The International Energy Agency has called the Hormuz disruption the largest supply disruption in history.
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The numbers tell one story.
Trump’s address comes as gas prices soar and his approval rating sinks. The war has caused the largest supply disruption in history, with 4.5 million to 5 million barrels per day lost. Trump’s comments on the Strait of Hormuz have been contradictory, and the ceasefire picture is unclear.
One man’s ceasefire is another’s cauldron of boiling war.
Author: Evan Null
