Trump admits he bombed Iran to help Israel and Gulf states

May 18, 2026

Trump said out loud that the US bombed Iran to help Israel and Gulf states, not for any American benefit — bad news for US consumers and workers paying higher prices.

  • Trump said the US does not need the Strait of Hormuz open and is acting to help Israel, Saudi Arabia, Qatar, UAE, and Kuwait.
  • Gas and food prices are up because of the conflict, hurting regular Americans.
  • Iran still has enriched uranium, so the strikes did not make the US safer.
  • The Fed cannot cut interest rates with prices rising, so mortgage and credit card rates stay high.
  • Saudi Arabia publicly denies wanting the war to continue, contradicting Trump's reasoning.

Outlook: The war drags on with US backing, keeping prices high and rate cuts off the table in the near term.

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