As the Iran war drags on, are Trump's tactics to regulate markets working?

"Trump has publicly declared that the markets are doing better than he expected, even with the S&P 500 stock index declining over the past five weeks and the global oil benchmark up roughly 60%. 'I thought oil prices were going to go up higher than they are now,' Trump said at a Friday investor summit."

"The White House sees the stock, energy and bond markets as a way to indirectly reach voters. Trump has staked his economic agenda on cheap prices at the pump, robust gains in 401(k) accounts and cheaper mortgage rates."

"Despite his efforts, the president's various pronouncements have done little to change the reality that a large chunk of the world's energy supplies is stranded by the conflict. Just 38% of U.S. adults approve of how he's handling the economy and only 35% support him on Iran."

President Trump is prioritizing efforts to stabilize financial markets during the intensifying Iran war. He aims to prevent surging oil prices, falling stocks, and rising interest rates. Despite the S&P 500's decline and a 60% increase in global oil prices, Trump claims the situation is better than expected. The White House is cautious in messaging about economic consequences, focusing on market stability. However, public approval for his economic handling is low, with only 38% of U.S. adults approving of his economic management and 35% supporting his approach to Iran.

Read at Fast Company