Democrat Senator Schiff is forcing a Senate vote on a war powers resolution that, if it advances, would receive a final vote after the 60th day of the Iran war, Semafor reports
This Senate vote on a war powers resolution signals a significant political maneuver, reflecting rising war fatigue within Republican ranks.
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Iran lawmaker Mottaki says a naval blockade would amount to a declaration of war, and that fighters could decide as soon as tomorrow or next week to remove such obstacles via military action
Democrat Senator Schiff is forcing a Senate vote on a war powers resolution that, if it advances, would receive a final vote after the 60th day of the Iran war, Semafor reports
[MARKET ANALYSIS] JPY boosted by strong Katayama and Mimura verbal intervention, GBP continues to looks through domestic Politics ahead of BoE, EUR unch. into ECB
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- Most Republicans are expected to oppose the measure calling for immediate cessation of hostilities, though only Senator Rand Paul has voted against the conflict to date, with broader Republican war fatigue reported as growing, Semafor notes
The outcome could influence perceptions on U.S. involvement in Iran and may lead to increased volatility in related energy markets, particularly WTI, if hostilities are perceived to be winding down or escalating further.
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