Trump's 'Always Works Out' Mantra Rings Hollow as Iran War Escalates Global Crisis

President Donald Trump continues to downplay the escalating US war against Iran, telling Axios in a recent phone call that 'We are low-keying it' and 'It will work out. It always works out.' These remarks echo his sentiments before launching the deeply unpopular conflict in February 2026. The war has plunged global energy markets into chaos, with the Strait of Hormuz effectively closed to commercial shipping and oil prices surging. Meanwhile, Iran is grappling with extreme inflation, impacting basic necessities like food and housing. The ongoing conflict, initiated by a joint US-Israel attack on Iran, has led to a near 95% halt in commercial traffic through the Strait of Hormuz, a critical waterway for one-fifth of the world's oil trade and significant liquefied natural gas flows. This disruption has sent food and gasoline prices soaring globally, and has triggered a severe economic crisis in Iran with food inflation exceeding 100%. Reports from The Wall Street Journal suggest Trump is privately considering abandoning the core objective of a nuclear deal, prioritizing instead the full reopening of the Strait of Hormuz — a move Iran has met with a long list of conditions, including compensation for war damages and the lifting of sanctions. Critics like Tucker Carlson previously suggested Trump might have been acting 'against his will' and under significant pressure from Israel to initiate the war. As the US midterm elections approach, the administration faces immense pressure to resolve the crisis. While an Iranian official hinted at nearing an agreement with Oman regarding new shipping lanes, Iran insists on further US concessions before fully reopening the Strait. The International Energy Agency has called this the 'largest supply disruption in the history of the global oil market,' indicating a prolonged period of volatility and economic uncertainty. The coming weeks will reveal whether Trump's optimistic pronouncements can materialize into a tangible resolution or if the conflict will continue to destabilize global markets and geopolitics.