Donald Trump knows who his friends are and who his enemies are. And in 2026, with midterm elections just days away, Trump has decide his friend is Putin and his job is to lift sanctions to buy Russian oil - enriching the Kremlin in the process. He’s hoping it will bring down the price of diesel to convince consumers to vote for his party in the elections. But it’s a move that smacks of cowardice and in any case comes too late to change the price at the pumps. Meanwhile here we are grappling with the cost of Trump's war in Iran as we head into our own budget . We ask Helen Miller of the IFS what levers she’d pull to change the country’s fortunes.
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