US-Iran conflict

Military tensions between the United States and Iran have escalated sharply, with 200 US troops wounded across seven countries and President Trump claiming his strikes prevented nuclear war.

The US Congress is set to vote this week on measures to curb President Trump's war-making authority as military operations against Iran expand across the Middle East, though Republican majorities are expected to block the efforts.

US-Iran hostilities have triggered shipping suspensions through the Strait of Hormuz and Suez Canal, pushing crude prices above $80/barrel with analysts warning of $100 oil if disruptions persist.