Trump vows to step up Iran bombing, as gas price surge worsens
Threats against Iran
President Trump threatened early Saturday morning to step up the bombing campaign in Iran, saying it may expand to people and regions that hadn't been targeted previously.
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He declared, "Today Iran will be hit very hard! Under serious consideration for complete destruction and certain death, because of Iran's bad behavior, are areas and groups of people that were not considered for targeting up until this moment in time," the article reports.
War's domestic economic impact
Axios reports the war is entering its second week with no let-up in sight.
Axios says domestic impacts are already compounding, especially a historic spike in energy prices.
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The article says the surge in energy prices could complicate Trump's affordability agenda and could add up to "tens of billions of dollars in higher consumer and business fuel costs."
Fuel prices and Trump remarks
Retail gasoline prices rose another 9 cents Friday, per the article.
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Diesel prices have risen even faster, with an all-time record surge of 22.3 cents just on Friday, per the article.
Trump also said Iran had promised to cease any further strikes against neighboring countries, the article reports.
The article's sentence is incomplete — 'That was an apparent reference to an overnight' — so the precise event referenced is unclear.
The article notes this is a developing story and invites readers to check back for updates.
Key Takeaways
- Trump vowed to intensify U.S. bombing of Iran
- Gas price surge worsened
- Axios reporter Ben Berkowitz published the story four hours ago in Economy
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