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The eventual ask of Congress is likely to fall between $80 billion and $100 billion, officials said, less than half the amount of an earlier proposal to offset costs of the conflict.
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(First column, 1st story, link)
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'TWO WEEK PAUSE'
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A Republican won Marjorie Taylor Greene's seat, but Democrats shifted the district 25 points to the left since the 2024 presidential race. Conservative candidates lost in Wisconsin, too.
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Shawn Harris lost by about 12 percentage points in the 14th Congressional District, but he shifted the district 25 points to the left.
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Democrats had hoped for a strong showing, but the conservative district in Northwest Georgia elected Clay Fuller after President Trump endorsed him.
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We speak with two Iranian scholars ahead of an 8 p.m. ET deadline set by President Donald Trump for Iran to reopen the Strait of Hormuz or face destruction of all its power plants, bridges and other civilian infrastructure. Twelve hours ahead of the deadline, the president posted on social media, "A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will."
Iran has blocked most maritime traffic through the Strait of Hormuz since the start of the U.S.-Israeli war, leading to a sharp increase in oil and gas prices around the world. Mohammad Eslami, a research fellow at the University of Tehran, and Zeynab Malakouti, a senior fellow at the Global Peace Institute at the National University of Singapore, say Iran is likely to maintain long-term control over the strait even after the fighting stops.
"While Donald Trump and the U.S. Army and the Israeli army are focused on the battle, Iranians are thinking about the war," says Eslami, adding that Iran has prepared for "at least three months of war," while rising oil prices will make it increasingly difficult for the U.S. to sustain the fighting.
"Iran sees the Strait of Hormuz as a longer-term strategic lever, especially for the postwar period," adds Malakouti, speaking from Shanghai.
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