To reduce domestic impact, the US would need to stop oil / oil product exports. Mother of all Attacks : Trump escalates to a much higher level to try to “break” Iran, Iran retaliates with much greater attacks upon GCC infrastructure and severe escalation of US military deaths. TACO, the Trump administration does whatever is needed to get itself out of the mess of its own making. It will take time for oil stocks to return to normal, with a lengthy period of elevated oil prices and related inflationary impacts. Such a position can lead to psychological inertia and a retreat into escapist delusions, exactly what we are seeing from the Trump administration and Trump’ latest tweet barrages.