WS #12095
US resumes strikes on Iran, Iran retaliates with missile launches; Trump abandons 20% Hormuz toll fee after Gulf pushback, replacing with investment deals; Senate Democrats block NDAA over Iran war; war cost estimated up to $100B. Senate Democrats blocked the $1.15 trillion NDAA defense bill, citing frustration with the Iran war and lack of congressional authorization; vote was 50-46, short of 60 needed.
US-Iran Conflict Escalation and Hormuz Toll Retreat
US resumes strikes on Iran, Iran retaliates with missile launches; Trump abandons 20% Hormuz toll fee after Gulf pushback, replacing with investment deals; Senate Democrats block NDAA over Iran war; war cost estimated up to $100B.
Senate Democrats blocked the $1.15 trillion NDAA defense bill, citing frustration with the Iran war and lack of congressional authorization; vote was 50-46, short of 60 needed.