US GOP senators reportedly say they’re eager for the White House to find an off-ramp as political and economic fallout from the war is mounting, Punchbowl reports
This headline signals increasing pressure from GOP senators on the White House to find a diplomatic resolution as economic impacts from the war escalate.
China will reportedly strengthen credit support for exporters to help nurture new drivers for trade
Russia has reportedly set temporary limits for helium exports
US GOP senators reportedly say they’re eager for the White House to find an off-ramp as political and economic fallout from the war is mounting, Punchbowl reports
Iran's President Pezeshkian told French President Macron that a lack of US good will and maximalist positions prevented finalising an agreement in Islamabad, IRNA reports; further states that diplomacy is the preferred path to resolving disputes
[MARKET ANALYSIS] Kiwi continues to outperform as domestic banks shift rate calls; JPY helped modestly by reports BoJ to increase price forecast
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Senate Majority Leader Thune pointed to several “inflection points” in the coming weeks that could ramp up pressure on the Trump administration; includes a potential Pentagon funding vote, as well as debate over Democratic-forced war powers resolutions and the upcoming 60-day deadline mandated under the War Powers Act.
- Thune told Punchbowl: “I think people are going to be looking for signs of progress; the “permanent” reopening of the Strait of Hormuz should be the priority.
- Thune said “We’re in planting season. So if you didn’t buy fertilizer ahead of time, you’re really feeling it"
Key upcoming inflection points could heighten scrutiny on the administration's military decisions, particularly concerning funding and war powers, which might influence market sentiment around commodities like oil and agricultural inputs given the mentions of the Strait of Hormuz and fertilizer concerns.
Related headlines
- CIA director Ratcliffe is preparing to take a bigger role in the Russia-Ukraine negotiations as the White House reportedly considers paring back the involvement of Special Envoy Witkoff and Kushner, the FT reports6 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA2 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election2 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer2 hours ago
- Reports of an oil tanker being targeted in the Strait of Hormuz, reports Al Hadath citing Iranian Media4 hours ago
- Explosion heard from the sea south of Jask at 19:20 local time, reports Fars4 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after7 hours ago
- UKMTO notes of an incident 28NM of south-east of Al-Faw, Iraq; in reference to an incident seen at 0230 UTC10 hours ago
- Iranian IRGC spokesperson says ships passing through the restricted zone in the Strait of Hormuz will face sanctions, including suspension of maritime, insurance and support services, with the restricted zone extension, Fars reports10 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported10 hours ago
- US Energy Secretary Wright says current refining capacity is a bigger problem than crude oil supply27 min ago
- Saudi-affiliated militias withdraw from Yemen's Hodeidah province, reports IRNA citing sources48 min ago
- Pakistan has warned Iran to restrain Yemen’s Houthi militants after a rise in Houthi attacks on Saudi Arabia, conveying the message on behalf of Riyadh, reports Reuters citing sources1 hour ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim1 hour ago
- Iranian forces launched a barrage of missiles at a US military base in Azraq, Jordan, overnight Tuesday, resulting in minimal equipment damage and no fatalities, reports NYT citing two US officials1 hour ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL2 hours ago
- US President Trump says he had a great conversation with Russia President Putin; Putin wants to make a deal, bilateral meeting could happen2 hours ago
- Saudi-led coalition in Yemen says Houthis attacked on Wednesday the Saudi cities of Khamis Mushait, Abha and Jazan with ballistic missiles and drones2 hours ago
- ILNA highlights that Iraqi media outlet, citing Western sources, claims Pentagon is examining scenarios for carrying out rapid amphibious operation by US marines in some strategic islands around the Strait of Hormuz3 hours ago
- A US official tells NewsNation on reports of strikes in Iran near the Strait of Hormuz that there are no attacks being carried out by US forces right now: “We're not currently striking”3 hours ago
The whole workspace, free to try.
Try it free