The Senate is expected to vote on Iran war powers at 14:00EDT, and expected to vote later on disapproving of arm sales to Israel, Politico reports

The impending Senate vote on Iran war powers and potential disapproval of arms sales to Israel introduces a layer of geopolitical risk that could influence market sentiment. A shift in U.S. support or military policy could impact oil prices and the broader energy sector, likely heightening volatility in currencies, particularly the USD, as investors reassess risk. Given the ties between U.S. foreign relations and commodity markets, this may also provoke reactions in WTI prices and safe-haven assets.