OPINION — There are flickering signs that the United States and Iran might negotiate a settlement to end the unprovoked war launched by President Trump this year.
A settlement would be welcome news. But even if a deal happens tomorrow, here’s the reality: Americans will be paying high fuel prices for months to come. The economic damage from this conflict is already done.
Since the U.S. and Israel attacked Iran in late February, energy prices have devastated working families. Gas prices jumped from under $3 a gallon to $4.50 or more. In California, they soared past $6. Diesel fuel climbed just as much — up more than 50%.
