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Six months after the Iran war began, its economic impact is modest globally but significant domestically, particularly on fuel costs and inflation. Politically, the war is a major liability for Trump, negatively affecting his approval ratings and the Republican party's midterm election prospects.
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- AI Headline
- It’s been six months since President Trump and Defense Secretary Pete Hegseth attacked Iran. There are now street protests over fuel costs around the world. But the price of oil is down below $100 again, as it has been for much of the war. In America, we are dealing with higher gas prices and some additional inflation, but given the loud warnings of economic catastrophe we heard in the spring, the economic impact looks relatively modest. As with the tariffs, the war has hurt the economy, but you could also be forgiven for whistling into the fall thinking the panic back in March was a story of the boy who cried wolf.In politics, though, it’s a different story. There, the war has registered quite conspicuously, right from the start, and now hangs like perhaps the most obvious albatross among many around Trump’s neck. Only one-third of the country approves of Trump’s handling of the war, according to recent polling. But even worse is the effect Americans believe it has had on what they say is their most important issue — and what has become Trump’s worst one. Eight in 10 Americans say the war has raised the cost of living.
- Simplified Title
- Trump Iran War Impacts Midterm Elections and US Economy
- AI Excerpt
- Six months after the Iran war began, its economic impact is modest globally but significant domestically, particularly on fuel costs and inflation. Politically, the war is a major liability for Trump, negatively affecting his approval ratings and the Republican party's midterm election prospects.
- Subject Tags
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Iran War US Politics Midterm Elections Donald Trump Economy Inflation Gas Prices Public Opinion
- Context Type
- Opinion
- AI Confidence Score
-
1.000
- Context Details
-
{ "tone": "analytical", "perspective": "critical", "audience": "general", "credibility_indicators": [ "expert_quotes", "data_cited", "polling_data" ] } - AI Metadata Extraction Details
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Extraction Method: AutomatedExtraction Date: Sep 25, 2026 8:03 PMAI Model: gemini-2.5-flash
Source Information
Complete details about this source submission.
- Domain
- nytimes.com
- Site Name
- The New York Times
- Section
- opinion
- Publisher
- The New York Times Company
- Author
- David Wallace-Wells
- Published Date
- September 23, 2026 at 7:00 PM
- Overall Status
-
Completed
- Submitted By
- Donato V. Pompo
- Submission Date
- September 25, 2026 at 2:46 PM
- Metadata
-
{ "source_type": "extension", "content_hash": "4635cf5fbced5df2b1678267d3b23b1968df9e7afdec3036bf8d10137d5722bd", "submitted_via": "chrome_extension", "extension_version": "1.0.18", "original_url": "https:\/\/www.nytimes.com\/2026\/09\/23\/opinion\/iran-war-midterms-trump-republicans.html?emc=edit_na_20260925&nl=breaking-news&segment_id=227042", "parsed_content": "AdvertisementSKIP ADVERTISEMENTSee more of our coverage in your search results.Encuentra m\u00e1s de nuestra cobertura en los resultados de b\u00fasqueda. Add The New York Times on GoogleAgrega The New York Times en Google You\u2019re reading the David Wallace-Wells newsletter. The best-selling science writer and essayist explores climate change, technology, the future of the planet and how we live on it. Get it sent to your inbox.It\u2019s been six months since President Trump and Defense Secretary Pete Hegseth attacked Iran. There are now street protests over fuel costs around the world. But the price of oil is down below $100 again, as it has been for much of the war. In America, we are dealing with higher gas prices and some additional inflation, but given the loud warnings of economic catastrophe we heard in the spring, the economic impact looks relatively modest. As with the tariffs, the war has hurt the economy, but you could also be forgiven for whistling into the fall thinking the panic back in March was a story of the boy who cried wolf.In politics, though, it\u2019s a different story. There, the war has registered quite conspicuously, right from the start, and now hangs like perhaps the most obvious albatross among many around Trump\u2019s neck. Only one-third of the country approves of Trump\u2019s handling of the war, according to recent polling. But even worse is the effect Americans believe it has had on what they say is their most important issue \u2014 and what has become Trump\u2019s worst one. Eight in 10 Americans say the war has raised the cost of living.As the calendar turns past Labor Day, pollsters like to say, the picture of fall elections tends to come sharply into focus. And what we see in the polls from the first weeks of September is very clear: a big blue surge on top of what looked already like a big blue wave. Polling averages now put Democrats further ahead this cycle than in the major wave election in 2018. To me, the evidence suggests that Senate seats in Kansas, Iowa, South Carolina and Florida are in play.The election is still weeks away, Republicans have oceans of cash to spend, and the path to a Democratic Senate always looked from afar like a tightrope walk. But Trump is unpopular, and trending downward. There is no sign of the much-hyped realignment of young, Black and brown voters this cycle \u2014 in fact it\u2019s now an open question whether that realignment was really a blip or a mirage. And Democrats don\u2019t even look like a party with a brand problem anymore, steadily surging upward in generic polling and doing even better when candidates are named. Yet what is perhaps most striking to me about the lay of the political landscape heading into the midterm homestretch is the way that among all of Trump\u2019s vulnerabilities \u2014 his naked corruption, his malice on immigration, his paltry legislative achievement and his siding so blithely with A.I. accelerationists against a large majority of the country \u2014 the Iran war stands out.AdvertisementSKIP ADVERTISEMENTMaybe I shouldn\u2019t be surprised. The conflict has been a military humiliation, the world\u2019s most expensive and imperious fighting force held at bay by the disposable drones and cheap missiles of a much lesser power. Eighteen U.S. soldiers have been killed, officially, and recent reporting suggests the number may be higher. Regional bases have had to be evacuated to protect American lives, the country\u2019s missile and interceptor stockpiles are now woefully diminished, and conditions on U.S. ships have become a global embarrassment. According to the Congressional Budget Office, the military adventure has cost the Pentagon $38 billion, and is rising with each additional month. The war seemed needless at the outset \u2014 at best. Now it looks potentially endless, too.That\u2019s just the military side of things. At home, in six months of war, Americans have already paid more than $100 billion more for fuel than they would have in the absence of conflict \u2014 a Trump-branded surcharge that when annualized is equivalent to nearly 1 percent of G.D.P. The C.B.O. estimates that more than one-third of the increase in American inflation this year is the result of the war, and the problem looms large enough that even the president\u2019s handpicked Fed chair \u2014 whom Trump publicly said he chose to guarantee future rate cuts \u2014 just raised interest rates instead. Much has been made of Trump\u2019s so-called betrayal of his antiwar commitments, which were paper-thin and opportunistic to begin with. But the Iran war may prove just as politically damaging for dramatizing his broken promise to lower prices.This is new, and not just for Trump. For decades, even if the U.S. wasn\u2019t very good at fighting remote wars, it seemed to feel confident embarking on them without worrying too much about domestic political blowback \u2014 in some sense, this was the country\u2019s real military superpower, however foolish the political calculation and perverse the consequences. The closure of the Strait of Hormuz has marked a profound shift of that dynamic, a lesser power expected to duck and cover quickly finding ways to impose costs on the American home front, as well. Look at the president\u2019s approval ratings, and the pattern is remarkably clear. Overall, there is a step down in the spring of this year, coinciding with the beginning of the war. More telling is his approval rating on inflation and the cost of living. Inflation itself jumped in March and has stayed elevated since. And Trump\u2019s net approval on those issues dropped off a cliff, falling 25 points and then largely staying there through the summer and into the fall. It\u2019s almost as if something very big happened in late February.Months later, even Trump\u2019s loyal voters still feel pretty gloomy about an economy that would qualify, by most historical standards, as obviously imperfect but relatively solid. In January, 72 percent of Republican voters said they thought the economy had gotten stronger over the previous year. In September, the number is more than 40 points lower, at just 29 percent.These numbers are extremely low, particularly given the headline strength of the American economy \u2014 low unemployment, relatively strong growth numbers and a booming stock market \u2014 and everything we have learned in recent years about partisan perceptions of the economy. Not that long ago, liberal commentators in the Biden era spent years racking their brains to explain what was often called the \u201cvibe-cession\u201d \u2014 the reality that public sentiment about the economy seemed so much bleaker than the conventional measures suggested. The vibes have collapsed on Trump, too, and quite a lot of that collapse looks tied up with Iran.AdvertisementSKIP ADVERTISEMENTThings may be about to get worse still. For six months, the economic effects of the war were muted by a lucky conspiracy of factors: fuel rationing across Asia, growing renewable capacity around the world, political jawboning of markets and the draining of global oil stockpiles, especially by China, whose cut to imports at the start of the war was so significant in this story that it\u2019s been called the demonstration of a new geopolitical weapon. Even so, the gas price signal \u2014 that cartoonish standby of American politics \u2014 broke through. The price of gas has risen by 50 percent since February. Diesel is now at $6.50 a gallon.In July, China\u2019s imports surged back up \u2014 although not to prewar levels. The Houthis blew up the pipeline Saudi Arabia had been using to reroute oil west to the Red Sea, and the damage is forcing the country to cancel some of its shipments to Europe. The world\u2019s oil reserves, many of which are already at historic lows, are rapidly approaching their floors. Last week, J.P. Morgan published a research note warning that it had no way to map the chaos of the fall to come. The election is little more than a month away.AdvertisementSKIP ADVERTISEMENT", "published_at": "2026-09-23T19:00:10+00:00", "author_name": "David Wallace-Wells", "site_name": "The New York Times", "section": "opinion", "publisher": "The New York Times Company", "ai_headline": "It\u2019s been six months since President Trump and Defense Secretary Pete Hegseth attacked Iran. There are now street protests over fuel costs around the world. But the price of oil is down below $100 again, as it has been for much of the war. In America, we are dealing with higher gas prices and some additional inflation, but given the loud warnings of economic catastrophe we heard in the spring, the economic impact looks relatively modest. As with the tariffs, the war has hurt the economy, but you could also be forgiven for whistling into the fall thinking the panic back in March was a story of the boy who cried wolf.In politics, though, it\u2019s a different story. There, the war has registered quite conspicuously, right from the start, and now hangs like perhaps the most obvious albatross among many around Trump\u2019s neck. Only one-third of the country approves of Trump\u2019s handling of the war, according to recent polling. But even worse is the effect Americans believe it has had on what they say is their most important issue \u2014 and what has become Trump\u2019s worst one. Eight in 10 Americans say the war has raised the cost of living.", "ai_simplified_title": "Trump Iran War Impacts Midterm Elections and US Economy", "ai_excerpt": "Six months after the Iran war began, its economic impact is modest globally but significant domestically, particularly on fuel costs and inflation. 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<html lang="en" class="story nytapp-vi-article tpl-always-light nytapp-vi-story story nytapp-vi-article " xmlns:og="http://opengraphprotocol.org/schema/" data-rh="lang,class"><head> <meta charset="utf-8"> <title>Opinion | How Trump’s Iran War May Sink Republican Midterm Chances - The New York Times</title> <meta data-rh="true" name="robots" content="noarchive, max-image-preview:large"><meta data-rh="true" name="description" content="The president might be supercharging what already looked like a blue wave."><meta data-rh="true" property="twitter:url" content="https://www.nytimes.com/2026/09/23/opinion/iran-war-midterms-trump-republicans.html"><meta data-rh="true" property="twitter:title" content="Opinion | How Trump’s Iran War May Sink Republican Midterm Chances"><meta data-rh="true" property="twitter:description" content="The president might be supercharging what already looked like a blue wave."><meta data-rh="true" property="twitter:image" content="https://stat... - Parsed Content
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AdvertisementSKIP ADVERTISEMENTSee more of our coverage in your search results.Encuentra más de nuestra cobertura en los resultados de búsqueda. Add The New York Times on GoogleAgrega The New York Times en Google You’re reading the David Wallace-Wells newsletter. The best-selling science writer and essayist explores climate change, technology, the future of the planet and how we live on it. Get it sent to your inbox.It’s been six months since President Trump and Defense Secretary Pete Hegseth attacked Iran. There are now street protests over fuel costs around the world. But the price of oil is down below $100 again, as it has been for much of the war. In America, we are dealing with higher gas prices and some additional inflation, but given the loud warnings of economic catastrophe we heard in the spring, the economic impact looks relatively modest. As with the tariffs, the war has hurt the economy, but you could also be forgiven for whistling into the fall thinking the panic back in M...
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Completed Started: Sep 25, 2026 8:00 PM Completed: Sep 25, 2026 8:03 PM
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Claims from this Source (19)
All claims extracted from this source document.
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Simplified: President Trump and Defense Secretary Pete Hegseth attacked Iran six months prior to September 23, 2026.
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Simplified: The price of oil is below $100 as of September 2026, a level it has maintained for much of the Iran war.
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👤 The author 📋 News Article 🏷️ Politics , International Relations 🆔 6166362a-19e8-4a1f-869f-4d128e9f0167Simplified: As of September 2026, President Trump wants to concentrate on the conflict with Iran and the upcoming midterm elections.
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Simplified: On his Substack on September 24, 2026, Nate Silver noted that a "blue wave" forming ahead of the November 2026 election is "overwhelmingly concentrate...
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👤 The author 📋 News Article 🏷️ Politics , Foreign Policy , Legislation 🆔 e4b3d492-c23a-4c21-a419-3438083efd57Simplified: As of September 22, 2026, three resolutions aimed at limiting President Trump's war powers in Iran have passed the House, but only one has passed both...
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👤 The author 📋 News Article 🏷️ Casualties , Military , Iran Conflict 🆔 076491a8-e93e-4a75-98bd-3361759dca26Simplified: Recent reporting in September 2026 suggests the number of U.S. soldiers killed in the Iran conflict may exceed the official count of 18.
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👤 The author 📋 News Article 🏷️ Military , Government , US Politics 🆔 40fd0354-47ed-4d91-809b-f0385a6144faSimplified: The Pentagon declined to provide the Congressional Budget Office with information on the cost of the war in Iran.
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👤 The author 📋 News Article 🏷️ Economy , Inflation , Government Estimates 🆔 b7a949f8-a259-4147-9c89-2627d65ca99cSimplified: The Congressional Budget Office (C.B.O.) estimates that over one-third of the increase in American inflation in 2026 is a result of the Iran war.
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Simplified: President Trump criticized the Federal Reserve for its interest rate hike on Wednesday.
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👤 The author 📋 News Article 🏷️ Military , International Relations , Economy 🆔 7504a2de-0789-42d8-9dc7-870a212a02cbSimplified: The closure of the Strait of Hormuz has significantly shifted the dynamic of international conflict, allowing a lesser power to impose costs on the Am...
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👤 RealClearPolitics 📋 News Article 🏷️ Politics , Donald Trump 🆔 079dadfb-549b-403a-96ce-95d65b0f17bbSimplified: According to RealClearPolitics, as of September 2026, President Donald Trump's approval rating was 39.5 percent, which was among the lowest for a pres...
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Simplified: Inflation in the United States increased significantly in March 2026 and has remained high since then.
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In January, 72 percent of Republican voters said they thought the economy had gotten stronger.1.000👤 The author 📋 News Article 🏷️ Politics , Economy , Public Opinion 🆔 d2a1d72a-10b3-4a1e-aea8-03b86a2814adSimplified: In January 2026, 72 percent of Republican voters believed the economy had strengthened.
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Simplified: As of September 2026, the percentage of Americans satisfied with "the way things are going in the U.S." was 21%, according to polling data referenced...
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Simplified: The price of gas has risen by 50 percent since February 2026.
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👤 The author 📋 News Article 🏷️ Government , Economy , Fuel Prices 🆔 54f84465-01eb-4b3b-abcc-a7dd51463edeSimplified: The Syrian government announced a 40% rise in the price of diesel on September 14, 2026.
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Simplified: In July 2026, China's imports surged, but did not reach prewar levels.
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👤 The author 📋 News Article 🏷️ Conflict , Geopolitics , Energy 🆔 271e038b-36a7-482b-a644-4c7a755e5761Simplified: The Houthis blew up a pipeline Saudi Arabia used to reroute oil west to the Red Sea, and this damage is forcing Saudi Arabia to cancel some oil shipme...
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👤 The author 📋 News Article 🏷️ Finance , Economy , Market Analysis 🆔 114100ae-2d1c-42f2-b9d4-c3d5c8aee053Simplified: In the week of September 15, 2026, J.P. Morgan published a research note warning that it could not map the chaos expected in the upcoming fall.