The Iran war, escalating in late February 2026, is intensifying economic challenges and eroding President Donald Trump's economic approval ratings, according to recent polls.
Economic Approval Plummets
- A Reuters/Ipsos survey released Tuesday showed Trump's economic approval at 29%, an all-time low, down from 34-36% in January and February 2026.
- Nate Silver's poll average hit 37.2% on Tuesday, a new second-term low, with disapproval at 59.4%.
- Among Republicans, disapproval on "cost of living" rose from 27% to 34%, and on inflation from 28% to 40% since mid-February.
Americans Worry About Gas Prices
- An AP-NORC poll found 45% of Americans are "extremely" or "very" concerned about affording gas in coming months, up from 30% in December 2024.
- 67% prioritize preventing rising oil and gas prices in the Iran war, similar to 65% for preventing Iran from obtaining a nuclear weapon.
- A CBS News-YouGov poll showed 63% expect the war to worsen the economy short-term, and 58% expect higher oil prices long-term.
Trump's International Focus Criticized
- The CBS poll indicated 58% believe Trump is focusing too much on international matters, up from 45% before the war.
- Among independents, agreement rose from 52% to 66%; among Republicans, from 19% to 29%.
Economic Impacts May Linger
- Oil prices surge quickly but drop slowly; the war has damaged energy markets, requiring time to rebuild.
- Higher energy costs can inflate other prices, affecting voters repeatedly during the election year.
- Even if the war ends soon, economic effects are projected to last months, compounding political challenges.