For decades — coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 — the price at the pump has been a crucial lens through which Americans judge a president’s success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran’s enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morning on Bloomberg This Weekend, it’s not going well.
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