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Trump-Iran War Closes Hormuz, Sparks Midterm Risk

4/28/2026

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Story summary
  • U.S. President Donald Trump’s war with Iran has closed the Strait of Hormuz, halting most shipping.
  • The conflict deepens economic hardship for Gulf citizens while draining America’s war-stockpiles.
  • Republican leaders warn that the war, rising gas prices and low approval risk a midterm defeat.
  • Vice President J.D. Vance urged Pentagon verification of war reports amid munitions shortages, while the International Monetary Fund forecasts recessions for Gulf oil exporters, especially Bahrain and Iraq.