Trump’s War of Choice Pushes Inflation Above 4% For The First Time in Three Years

June 25, 2026

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American consumers have spent more than $62 billion more at the pump because of Trump’s war of choice in Iran.
Since Trump took office, household electric bills have risen 16% nationally. Trump’s war of choice in Iran is sending oil, diesel, and jet fuel prices skyrocketing – yet his priority is spending $2.5 billion in taxpayer dollars to stop homegrown clean energy production that would protect Americans from global oil shocks.
Donald Trump and congressional Republicans started this energy crisis with their attacks on clean energy projects, and are now accelerating it with their war of choice in Iran. These canceled projects would have produced enough electricity to power the equivalent of 17 million homes.
Worries about energy costs are up by 10 percentage points since last year, the highest level since 2008, and tie housing as the second biggest affordability concern.