Iran's efforts to block off the contested Strait of Hormuz with mines and strikes against commercial shipping craft have put Donald Trump in a bind.
Over the span of a week and a half, gas prices have shot up across the country. The national average has jumped by more than half a dollar per gallon.
Now, Donald Trump is taking emergency action and dipping into America's Strategic Petroleum Reserve. The U.S. plans to release 172 million barrels from the Department of Energy's stockpile.
Experts say the effects will not be immediate, and will only soften economic pain in the short term as long as the underlying supply chain issues persist.
Meanwhile, the costs of Trump's war with Iran keep adding up. On Thursday afternoon, CENTCOM acknowledged the crash of a U.S. refueling aircraft in friendly territory in Iraq.
Details about the incident are sparse so far, but officials say it wasn't the result of enemy or friendly fire.
On the Hill, Republican lawmakers are becoming increasingly vocal with their hopes that the president will find an off-ramp to draw down the war with Iran very soon.
But then the questions arise: What would that look like? And how will the White House point to the conflict and say that it achieved any of the president's goals?
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