---
title: "Iran war fuels inflation fears despite strong Trump-era markets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286668469.md"
description: "Despite record stock indices under Trump, inflation fears rise due to the Iran war and a hawkish Fed nominee. The closure of the Strait of Hormuz has disrupted 20% of global crude supply, causing the fastest gas price spike in 30 years. While rural voters support Trump despite high gas prices, national polls indicate increasing economic anxiety and low approval of his economic leadership."
datetime: "2026-05-17T09:51:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286668469.md)
  - [en](https://longbridge.com/en/news/286668469.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286668469.md)
---

# Iran war fuels inflation fears despite strong Trump-era markets

Markets soar, risks rise: Stock indices have hit records under Trump, but war-driven inflation and a hawkish Fed nominee threaten the bull market. Oil shock fallout: Iran’s closure of the Strait of Hormuz disrupted 20% of global crude supply, driving the fastest gas price spike in 30 years. Public opinion split: Rural voters back Trump despite $4.34 gas, but national polls show growing economic anxiety and low approval of his economic leadership.

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