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AXIOS (Neil Irwin) - Iran war adds new layer to supply chain stress

When war breaks out, micro issues have a way of quickly becoming macro issues. Specific blockages and bottlenecks tend to cause broad supply disruptions and price pressure. - And so it is with the war in Iran. Why it matters: Global supply chains have already been facing years of stress, first from the COVID-19 pandemic and then from the rise of tariffs and other trade barriers. The Middle East conflagration adds a new layer of stress. - The good news for American consumers is that the biggest effects on the U.S. economy are likely to be second-order — but that's not the same as non-existent. State of play: Iran has vowed to attack commercial ships seeking to pass through the Strait of Hormuz, the chokepoint that connects the Persian…

NYTIMES (Neal E. Boudette) - How $800 Monthly Car Payments Are Hurting Car Sales

Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.

AXIOS (Barak Ravid) - Exclusive: Trump demands immediate pardon for Netanyahu to focus on Iran

President Trump told Axios on Thursday that Israeli President Isaac Herzog must pardon Prime Minister Benjamin Netanyahu "today" — calling Herzog "a disgrace" for failing to act over the last year. - "Every day I talk to Bibi about the war. I want him to focus on the war and not on the f*cking court case. I want the only pressure on Bibi to be the fighting against Iran," Trump said in a phone interview. Why it matters: Trump has been pushing for a Netanyahu pardon since last June, arguing that his trial on corruption charges — ongoing since 2020 — is a "witch hunt" akin to the U.S. president's own legal troubles. - But Thursday's comments — which Trump raised himself, unprompted — marked a dramatic escalation and direct…