A new New York Times poll shows President Donald Trump at the lowest approval level of his second term, with disapproval climbing to a record high. The drop coincides with the fallout from the Iran‑Israel clash, which has pushed national gasoline prices upward and sharpened voter anxiety about the economy.

Polling editor Truth Igielnik notes that the surge in gas costs appears to be a key driver behind the shift, as households grapple with higher commuting expenses. Economic concerns have risen alongside geopolitical tensions, creating a feedback loop that erodes confidence in the administration's handling of both foreign policy and domestic price pressures.

Investors are watching the poll closely, fearing that dwindling public support could translate into policy uncertainty, especially for energy‑related sectors. With consumer sentiment turning sour, firms tied to fuel distribution and automotive markets may face pressure on margins, while broader market volatility could intensify if the administration's approval continues to slip.