US economy's message to Trump on Iran
The data indicates that the U.S. economy grew by 1.5% in the second quarter of 2026, despite the impacts of the Iran war causing rising inflation, slowing consumer spending, and putting pressure on energy market stability. The war particularly affects fuel prices and increases borrowing costs, threatening economic growth and exerting stress on households and businesses, while international oil inventories continue to dwindle and the risk of energy prices soaring again remains. The U.S. government needs to achieve swift stability, whether through peace or war, to restore balance to energy markets and bolster economic confidence. Although trade damages so far are considered limited, the Strait of Hormuz remains an unreliable passage, and oil inventories have sharply declined.
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