Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose. The decline in stocks and increase in oil prices reflected disappointment over President Trump’s failure to articulate a plan to end the Iran War and the related restraint of shipping through of the Strait of Hormuz.
The average gas price in America has risen to over four dollars per gallon since the US and Israel launched their war against Iran at the end of February. The increased cost of gas is raising prices at the pump and, by increasing shipping costs, resulting in higher prices at grocery stores and even on Amazon.
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