Trump said the ceasefire ended after Iran continued attacks on vessels in the Strait of Hormuz. U.S. forces struck at least 170 Iranian military targets within 48 hours, and Iran launched counterattacks on U.S. bases. Some Republican lawmakers warned

2026-07-10

Trump said the ceasefire ended after Iran continued attacks on vessels in the Strait of Hormuz. U.S. forces struck at least 170 Iranian military targets within 48 hours, and Iran launched counterattacks on U.S. bases. Some Republican lawmakers warned escalation could push up oil prices, add economic pressure and damage GOP prospects in this year’s midterms — one House Republican said, “He’s pushing us toward political destruction." Party hawks support continuing military action; Rep. Don Bacon said the U.S. should remain tough until Iran seeks peace. Congress has also requested details on how the administration will use a $67 billion wartime supplemental funding request.

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2026-07-09

During Prime Minister Modi's visit to Australia, the two countries signed an agreement allowing Australia to sell uranium to India for power generation. India's foreign ministry said purchases will be used "only for peaceful purposes." The statement

2026-07-10

Dallas Federal Reserve President Logan said the Federal Open Market Committee using a voluntary central clearing mechanism for open market operations would improve operational efficiency and effectiveness and bolster US financial-market stability. Sh