Trump admin faces political pressure over fuel prices, Iran war

Every time the war escalates, the futures price on the global commodities market continues to rise, and that means higher prices for consumers here in the US.

But even if everything stopped tomorrow, energy analysts suggest that it would take time for these prices to actually work their way through the system. You would not see the price of fuel drop by more than a dollar in the space of just a few days, which certainly would make drivers happy, make their bank accounts happy, but that simply isn’t how the energy markets work.

Businesses end up pricing in these increased fuel prices, and they can’t simply change all of their prices and all of their costs on a dime.

This is something the Trump administration would like to remove as a reason why voters would not support Republican candidates in the upcoming midterm elections.

But if the administration were to capitulate too quickly, in some eyes, to Iranian demands, there could be a political price to pay as well, reports AL Jazeera.