The three biggest U.S. automakers have warned that commodity inflation tied to the Iran war will cost them about $5 billion this year, as the conflict squeezes supplies of aluminum, plastics, and other inputs and raises the prospect of higher vehicle prices later in 2026.[#item_full_content]
Hassett: Blockade Leaving Iran on ‘Precipice of Extreme Calamity’
White House National Economic Council Director Kevin Hassett said Sunday that U.S. pressure is worsening Iran’s economic crisis, pushing the country “on the ropes” with