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Escalating Middle East Conflict Threatens U.S. Economy and Trump

3/13/2026

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Summary

Story summary

U.S. President Donald Trump faces prolonged economic damage as the Middle East conflict escalates, Deutsche Bank says.
The International Energy Agency warns of unprecedented oil disruptions, with prices above $100 per barrel.
Analysts say oil averaging $140 per barrel for two months could trigger United States recession risks.
Trump's military actions could jeopardize Republican control in the upcoming midterms as gas prices rise.

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Story summary

U.S. President Donald Trump faces prolonged economic damage as the Middle East conflict escalates, Deutsche Bank says.
The International Energy Agency warns of unprecedented oil disruptions, with prices above $100 per barrel.
Analysts say oil averaging $140 per barrel for two months could trigger United States recession risks.
Trump's military actions could jeopardize Republican control in the upcoming midterms as gas prices rise.