MARKETS
Economy

Trump Adviser Sounds Alarm On Fuel Prices, Grocery Inflation As Iran War Keeps Energy Costs High, But Sees US Economy Entering 'Liftoff Stage'

Aug 10, 2026 · 09:32 AM ET· updated 1h ago

Trump adviser Kevin Hassett warns Iran war is keeping fuel prices high, but sees falling costs and stronger U.S. growth ahead.

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Why It Matters

A Trump adviser says that war in Iran is keeping gas and food prices higher right now, but he thinks the U.S. economy will get stronger and prices will come down soon. When you watch stocks, pay attention to whether energy and food costs actually start dropping—that could show whether his prediction comes true.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.