Recent reports claim that aides to Donald Trump are concerned about rising oil prices linked to the ongoing war in Iran and the potential political impact ahead of the midterm elections. According to reports, several allies of the president are worried that Republicans could face setbacks in November if energy prices continue to rise. A long-term resolution to the conflict has not yet been reached.
Donald Trump’s aides are reportedly worried after high oil prices
Recent reports suggest that aides to President Donald Trump are becoming increasingly concerned about rising oil and gas prices. They are worried about their potential effect on Republicans in the midterm elections (via The Wall Street Journal).
According to the report, some people within Trump’s political circle believe that price increases linked to Iran’s closure of the Strait of Hormuz could negatively affect Republican prospects in November.
Former Chris Sununu, the former governor of New Hampshire and current CEO of Airlines for America, said he had met with several Trump administration officials to discuss the issue. “They get it … and I think that’s why they’re trying to get through the war as fast as they can,” Sununu told The Wall Street Journal. “You’re looking at elevated ticket prices through the summer and fall because it takes a while for the prices to go down,” he added. He noted that it could take several months for prices to stabilize after the conflict ends.
Some political analysts and observers have suggested that rising energy prices could affect Republican support during the midterm elections.
Meanwhile, Trump has continued to state that the conflict could end soon. White House spokeswoman Taylor Rogers told The Wall Street Journal that the president had anticipated “short-term disruptions to the global energy markets from Operation Epic Fury.” She said that he had prepared plans to help mitigate those disruptions.
Public opinion surrounding the conflict with Iran has remained divided in the United States.
Originally reported by Sourav Chakraborty on Mandatory.
