Iran Conflict and Military Standoff

Ongoing tensions with Iran include strikes, tanker attacks, Houthi economic pressure, and diplomatic efforts. US paused strikes due to interceptor shortages; Senate passed sweeping sanctions. War powers resolution passed. Embassy security alert after two US service members killed in Jordan. Trump hinted at Hormuz/nuclear deal. A recent opinion piece critiques the Larson WPR amendment. The broader economic impact is part of a stagflationary triple shock with tariffs and immigration crackdown.