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Trump Faces Rising Costs and Public Backlash in Iran War

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In The Villages, Florida, President Trump declared he would repeat his Iran actions, despite a $25 billion Pentagon cost estimate. Energy markets tremble as the Strait of Hormuz remains closed, threatening higher gasoline prices.

The war, sparked on Feb. 28 with Israel, has failed to force Iran to dismantle its nuclear program. Trump’s mixed messaging—claiming a near‑breakthrough yet doubting a deal—has sapped congressional confidence and alienated allies like Germany, prompting troop withdrawals.

Investors now face elevated energy costs and a fragile geopolitical climate. The U.S. Treasury warning that the conflict could push prices higher for the rest of the year signals a looming squeeze on global supply chains and a sharp uptick in commodity volatility.