C-SPAN
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Esper & Panetta on economic pressures from Iran conflict
Posted
March 13, 2026
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March 13, 2026
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1:40Now PlayingC-SPAN's Ceasefire — Former Defense Secretaries Mark Esper (R) and Leon Panetta (D) on how the joint U.S.–Israeli combat operation in Iran could increase economic pressure for Americans.
"The price of gasoline at the pump has gone from $2.80, $2.90 a gallon, to what, $3.40, $3.50?" Mr. Esper said. "This is not something you want … as you head into the summer travel season, vacations, and certainly not as you get closer and closer to the midterm elections."
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