COULD A CONFLICT WITH IRAN CAUSE THE ECONOMY TO SPIRAL?
“That could spike the price of crude to, let's say, $80, $90 a barrel. So, you know, 1.5x, 2x. Americans aren't going to like that.”
Curt Mills argues that engaging in a foreign war undermines claims of prioritizing the economy, especially if it risks major economic fallout. He warns that Iran could easily disrupt oil shipments through the Strait of Hormuz, potentially spiking crude prices significantly. Higher energy costs, they suggest, would hurt Americans and make it difficult to justify the conflict to the public.
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