Trump says he thinks Russian leader Putin is helping Iran in war
Russian leaders told President Trump they aren't sharing intelligence with Iran as it fights the U.S. and Israel, special envoy Steve Witkoff said thi...
Last updated: 2026-03-15 08:42:02 ET
Pulse AI Brief
Updated Mar 15, 2026 7:00 AM ET
Iranian attacks on tankers and cargo ships have choked the Strait of Hormuz, a critical chokepoint for global oil transit. The conflict is driving a visible fear premium back into crude prices as markets price in supply disruption risk. President Trump has called on China, France, the UK, Japan, and South Korea to help keep the strait open.
U.S. stock markets ended the week down as oil supply concerns ripple through equities. Gas prices are rising for American consumers, adding cost-of-living pressure. The oil fear premium—dormant for years—has returned with force, signaling traders expect sustained supply constraints.
Trump's economic boom narrative collides with war costs and inflation. A prolonged Hormuz disruption could force a coordinated international response and reshape energy markets for months. This directly undermines the administration's growth agenda heading into 2026.
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