Iran's Islamic Revolutionary Guard Corps reported striking two tankers in the Strait of Hormuz that were under US military escort. This incident follows a resurgence of conflict between the US and Iran, contributing to a significant rise in energy prices, with crude oil surpassing $90 a barrel. The situation has led to heightened tensions in the region, with the Kuwaiti defense ministry also reporting the downing of Iranian drones targeting military facilities.
As the conflict continues, President Trump convened his cabinet to discuss the ongoing war and its implications for the upcoming midterm elections. Support for the war appears to be waning among the American public and in Congress, complicating the political landscape as inflation driven by the conflict impacts consumer prices in the US.
Monitor the evolving geopolitical landscape as the US and Iran conflict escalates, impacting global energy markets. Watch for potential shifts in public opinion and congressional support regarding military engagement, especially as midterm elections approach.