1. Iran Escalates Attacks in the Strait of Hormuz: Iran has struck multiple commercial ships in the Persian Gulf as tensions escalate. Insurers like Lloyd's of London and Chubb are maintaining coverage while the U.S. Navy deploys new counter-mine and anti-drone measures to keep global shipping lanes open.
2. Inflation Holds at 2.4% Despite Global Uncertainty: Inflation remains steady at 2.4%, offering some economic stability even as Middle East tensions threaten energy markets. Rising oil prices could still push up gas and food costs in the coming weeks.
3. The SAVE Act Hits a Wall in the Senate: The Senate currently lacks the votes to pass the SAVE Act, leaving Republicans divided on strategy. Some lawmakers are pushing procedural fights, while others argue the focus should shift to policies that can actually pass.
4. Signs of Instability Inside Iran's Regime: Israel has reportedly begun striking Iranian Revolutionary Guard checkpoints inside major cities. Combined with a new message from the exiled Shah calling on Iranians to prepare for the next phase, it could signal growing pressure on the Iranian regime.

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