Trump's Iran War: Markets, Oil Prices, and Voter Pain

It's March 31st.

Canada News today starts now, AI-powered and ready.

President Trump is laser-focused on studying financial markets as the Iran war he kicked

off heats up.

Oil prices have jumped about 60 percent globally, while the S&P 500 index has dropped over

the past five weeks.

He's hitting social media and events hard, saying the damage isn't as bad as he feared

and hinting at quick peace talks to keep stocks from tanking, and gas pumps affordable.

Earlier this week, Trump makes signals again, boasting progress in negotiations one minute

and threatening Iran's desalination plans the next, if no.

Deal comes soon.

He even extended the deadline for Iran to reopen the straight-of-form moves, holding off

on strikes against their energy sites for now.

Voters are feeling the pinch, with gas soaring past $4.00 a gallon nationwide.

Just 38 percent of Americans approve of his economic handling, and only 35 percent back

his Iran approach, per a recent survey.

Critics argue his talk, down-the-market strategy ignores real pain at the pumped-tide

straight to the conflict.

White House officials call the oil spikes short-term blips, pointing to more tankers slipping

through the strait, be-aside deals, and countries tapping.

Strategic reserves.

Treasury Secretary Scott Besson says the plies are solid for now, but experts warn this

jaw-boning has diminishing pool as uncertainty builds.

Other confidence hit a low of 53.3 this March, the worst since December, blamed on

war-driven volatility.

If energy costs stick around, or fuel inflation, that optimism could fade fast, leaving markets

and everyday folks bracing for whatever Trump tweets.

Next.