Military Pressures White House to End Iran War as Weapons Stockpiles Run Low
Top U.S. military leadership is urging the Trump administration to bring the conflict with Iran to a close, with Pentagon officials openly acknowledging that weapons stockpiles have fallen to critically low levels. At the same time, Trump is leaving open the possibility of a "massive escalation" while also stating he is prepared to declare victory without a nuclear deal if the Strait of Hormuz is reopened. According to Reuters, the White House is prepared to lift the blockade on Iranian ports as soon as an agreement on the strait is reached. Generals are asking for a pause, while the president keeps both scenarios on the table — a combination that is the most dangerous possible signal for the oil market.
Senate Avoids Shutdown, But Only a Reprieve
The U.S. Senate passed a temporary budget bill, averting a government shutdown — but the relief was short-lived, as analysts are already describing the move as merely postponing new budget battles until the fall. Against this backdrop, the Federal Reserve finds itself under overt political pressure, with Trump stating outright that interest rate decisions do not rest solely with the agency's chief, Warsh. For business, the signal is clear: fiscal stability in Washington is being held together by temporary patches rather than a durable compromise.
Zelensky Faces a List of Concessions Ahead of Witkoff and Kushner's Moscow Visit
Ahead of the planned visit by Witkoff and Kushner to Moscow, discussions in the United States are focused on the specific steps Kyiv may be forced to take given the deteriorating situation on the front line. According to polling data, most Ukrainians do not expect the conflict to end soon. Washington is shaping its negotiating position in advance, before the meeting with Moscow — meaning the framework of a future deal is already being discussed without Ukraine having an equal seat at the table.
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