US Policy Pulse

US-Iran Escalation: Senate Votes to End War; Peace Deal Fragile; Inspections Dispute

US-Iran Escalation: Senate Votes to End War; Peace Deal Fragile; Inspections Dispute

Key Questions

What was the outcome of the Senate vote on the war with Iran?

The Senate voted to end the war with bipartisan support, including four GOP defectors, following the House war powers resolution.

What threats does the US-Iran peace deal face?

The IAEA inspections dispute threatens the 60-day window, while an Israeli airstrike in Lebanon undermines the ceasefire and the blockade continues until a final deal.

How did financial markets react to the Iran developments?

Oil prices dropped 4% following Trump's announcement of a peace deal.

What is Bessent's plan for frozen Iranian funds?

Bessent plans to recycle the frozen funds into US food imports.

What is the status of nuclear inspections under the war deal?

The UN nuclear chief stated that inspectors will visit Iran sites as part of the war deal, though public negotiations over enrichment sites continue.

Senate voted to end the war with bipartisan support (4 GOP defectors), following House war powers resolution. Trump announced peace deal, oil dropped 4%, but IAEA inspections dispute threatens 60-day window. Israeli airstrike in Lebanon undermines ceasefire. Bessent plans to recycle frozen funds into US food imports. Blockade continues until final deal. Conservative backlash persists.

Sources (5)
Updated Jun 26, 2026