The Washington Post reports:

President Donald Trump’s war in Iran is as unpopular among Americans as the Iraq War during the year of peak violence in 2006 and the Vietnam War in the early 1970s, according to a Washington Post-ABC News-Ipsos poll, amid growing economic pain and fears of terrorism as a result of the military campaign.

Sixty-one percent of Americans say that using military force against Iran was a mistake, with fewer than 2 in 10 Americans believing that the U.S. actions in Iran have been successful. About 4 in 10 say it has been unsuccessful, while another 4 in 10 say it is “too soon to tell.” The polling numbers indicate a broadly unpopular war effort and growing economic fallout at a time when the White House has been trying to convince Americans that they are better off under Trump than under Democrats.

But support for the war among self-identified Republicans remains high: 79 percent say it was the right decision. Independents who lean toward the Republican Party are roughly split, with 52 percent saying it was the right decision and 46 percent saying it was a mistake.

Trump has indicated that the current impasse with Iran could last for an extended period, saying Wednesday that he planned to make Iranian leaders “cry uncle” and that there would “never be a deal unless they agree that there will be no nuclear weapons.” Iranian leaders — who have long denied they are seeking a nuclear weapon — say they want to reach an initial agreement to end the war and reopen a crucial global shipping chokepoint, the Strait of Hormuz, taking on nuclear talks only after that. [Continue reading…]

NBC News reports:

The national average gas price rose to a fresh wartime high of $4.39 per gallon in its biggest one-day jump since a ceasefire with Iran was announced on April 7. It was also the biggest one day jump since early March.

On Thursday, gas prices jumped seven cents to $4.30, but overnight jumped an additional nine cents. Since the war started, the average price of gas has risen more than 47%. [Continue reading…]

Seeking Alpha reports:

Exxon Mobil and Chevron said Friday they have no plans to adjust their production strategies, resisting pressure from President Trump to boost output as the energy shock induced by the Middle East threatens to spark inflation across the world.

Exxon CFO Neil Hansen told the Financial Times there is “no change” to the company’s strategy in the Permian Basin, the biggest U.S. oil and gas producer, and Chevron CFO Eimear Bonner told FT that “the crisis has not prompted any change to any of our plans.” [Continue reading…]