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Story summary
- U.S. President Donald Trump is weighing a declaration that the war with Iran is over.
- Treasury Secretary Scott Bessent warned 100% inflation and unpaid troops could spark an Iranian uprising.
- The administration launched “Operation Economic Outcast” to isolate Iran from global trade partners.
- U.S. forces resumed airstrikes on Iranian targets, prompting Iranian retaliation.
- Strait of Hormuz ship transits fell to 102 last week, down from over 130 before the war.
