Strait into a Corner: How Trump Trapped Himself (And Simultaneously Ensnared Iran)

Go to https://ground.news/linesonmaps to stay fully informed on what's happening around the world. Subscribe before month's end and you'll receive 40% off unlimited access! As the calendar pushes toward November, and tensions along the Strait of Hormuz continue, Trump has effectively backed himself into a corner. Oil prices will not return to normal before the midterm elections. Today, we explore the economic reasons why high prices will linger, how voters historically respond to such situations, and the stranger implications that this will have on negotiations with Iran. 0:00 Trump's November Trap 1:29 War Problems and Sticky Prices 5:41 Technical Issues and Sticky Prices 8:01 Economics and Elections 14:01 Iran Bargaining Implications Bargaining 17:25 Takeaway Points The appearance of U.S. Department of Defense (DoD), EU, and NATO visual information does not imply or constitute an endorsement. Media licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/): By Kremlin.ru: http://kremlin.ru/events/president/news/78998