A small group of US Senate Republicans are working behind the scenes on an authorisation of military force regarding Iran that can be acted if President Trump resumes strikes, Semafor reports citing sources

The report regarding a small group of Senate Republicans pursuing an authorization for military force against Iran could signal a heightened geopolitical risk in the region, particularly in light of potential military action by the U.S. This development may impact energy markets, notably oil prices, and lead to a stronger dollar due to risk-off sentiment as traders seek safety in the U.S. currency amid escalating tensions.