An economist flagged a gobsmacking detail about the recent deal President Donald Trump’s administration struck with the Iranian regime over the weekend that had largely been overlooked.
Henrietta Treyz, director of economic policy at Veda Partners, told CNN’s Jake Tapper on “The Lead” that the Trump administration seemed to be hurrying toward a deal with Iran to end the 106-day conflict. On Sunday, the two sides agreed to a deal that would allow the Strait of Hormuz to reopen, which some experts say could provide temporary relief from high energy prices.
Treyz said that the administration’s rush to the negotiating table signaled to her that time is running out to fix the economic issues caused by the war.
“The urgency at the White House to sign this deal before it’s even released to the public tells me that we are running out of inventory and they are running out of time to keep gas prices below the $5 markmark, which we’re obviously succeeding at right now,” she said, referring to the administration’s decision to release oil from the Strategic Petroleum Reserves to stabilize the U.S. oil market.
“But time is running out,” she warned.
Treyz’s comments came at a time when many Americans have said that the cost of living is their number-one issue as the 2026 midterms approach. The most recent economic data showed that inflation has increased by 4.2% over the last 12 months, primarily due to higher energy prices.
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