Keep pulling the thread on United States Congress.
President Donald Trump is calling for a $1.5 trillion military budget to be passed via a process he termed 'Recon 3.1'.
Iran has repeatedly maintained that any ceasefire agreement must extend to Israel's military front against the Iranian-backed militant group Hezbollah.
Financial markets have priced out a full Federal Reserve interest rate hike for the current year following the news of a potential US-Iran deal and subsequent drop in oil prices.
President Donald Trump announced on the social media platform Truth Social that he has canceled scheduled military strikes and bombings against Iran.
President Donald Trump stated that a deal with Iran has been approved by the highest level of Iranian leadership and by parties including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, and Egypt.
WTI crude oil prices fell 3% to below $88 a barrel following President Trump's announcement of a potential deal with Iran.
A supplemental funding request to Congress for replenishing US munitions stockpiles is expected to be made by the month of July.
President Donald Trump stated that his proposed 'Recon 3.1' military budget will include the 'Save America Act'.
Qatar has reportedly taken a more meaningful role in the diplomatic negotiations between the United States and Iran.
Senior national security officials from the UAE and Iran held their first face-to-face meeting in an effort to de-escalate tensions.
Prior to the recent escalation, the US was considering a memorandum of understanding with Iran to extend a ceasefire by 60 days, reopen the Strait of Hormuz, and lift the US naval blockade.
Jonathan Panikoff believes there is a not insignificant chance that President Trump is publicly pushing for a deal that Iran has not fully agreed to in order to pressure them into accepting it.