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Iran Escalates in Hormuz as SAVE Act Stalls in the Senate
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. 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. The SAVE Act Hits a Wall in the Senate: The…
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