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Trump bets on quick Iran oil crunch. Experts see prolonged pain and rising costs.

Administration officials say Tehran is days from crisis, but analysts see a slower squeeze with global price shocks already hitting U.S. consumers and reshaping the political fight.

First seen · 12:09 AM UTCMay 2, 2026

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Trump bets on quick Iran oil crunch. Experts see prolonged pain and rising costs.Administration officials say Tehran is days from crisis, but analysts see a slower squeeze with global price shocks already hitting U.S. consumers and reshaping the political fight.
12:09 AM UTC

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