It’s expensive out there: Gas prices have been stuck at over $4 a gallon for more days this year than any other. The war in Iran shows no signs of cooling off. Inflation is swallowing any raises you might have gotten at work. It’s a recipe for a challenging midterm cycle for President Donald Trump, who faces an affordability crisis at home that’s not going away and a far-away war that’s only making costs go up. The volatility surrounding the contested Strait of Hormuz, a key oil and gas transit waterway, has hit American consumers hard. Since the Iran war first kicked off in February and the Strait was subsequently closed, gas and oil prices have skyrocketed. Diesel prices have hit record-breaking highs in recent weeks. That paints a dreary picture for Americans struggling with high costs, who likely won’t feel any relief at the pump in the near future especially as more potential military action looms. Is USA losing this war ?
