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WASHINGTON – When will Donald Trump declare victory in Iran?
The answer to that question could determine whether it’s a few days, a few weeks, a few months or even longer that American service members remain in harm’s way and gasoline prices at home stay close to or above $4 a gallon.
Trump has famously backed down from previous pronouncements when economic calamity threatened – a process that has even earned the nickname TACO, for “Trump always chickens out” – but economists and national security experts warn that even if that were to happen with his Iran war, much damage has already been done and will not easily be undone.
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“Even if this ended today, and it doesn’t look like that, there has already been a large amount of resources expended on the war, the period of high oil prices will take a toll, and I would expect uncertainty to continue elevating oil prices going forward,” said Jason F
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