Donald Trump recently stated that the war with Iran was “pretty well complete”. However, cooling oil prices is proving difficult for him. His proposed plan would require clever tactics.
Currently, there are no reliable alternatives to Gulf supplies. This has led to financial market instability and concerns among investors. The situation is similar to the Ukraine crisis.
The conflict in Iran is having a broader impact on Asia’s energy markets, causing regional economies to struggle. Without Gulf supplies, these economies are experiencing shortages.
It’s also worth noting that America’s economy is not as affected by recession, but rather has a “K-shaped” effect where only the rich continue to grow.
Source: https://www.economist.com/finance-and-economics/2026/03/10/donald-trumps-options-to-cool-oil-prices-are-sorely-limited