Senate Considers Resolution to Halt Trump's Iran War Escalation
Republicans aim to reject Democrats' resolution to prevent Trump from continuing the Iran conflict, as global markets tumble on US-Iran tensions.
Senate to Vote on Resolution to Halt Trump's Iran War Escalation
In a move that could have significant geopolitical and economic ramifications, the US Senate is set to vote on a resolution that would prevent President Donald Trump from continuing the ongoing conflict with Iran. The vote comes after Israel launched a wave of strikes on Tehran, and as Iran prepares for the funeral of Supreme Leader Ali Khamenei.
What Would the War Powers Resolution Do? The resolution, backed by the Democrats, would force an end to US participation in the conflict with Iran and require Trump to seek Congressional approval before re-entering the war. With the Senate currently split between the two parties, the Democrats would need to secure the votes of five Republican Senators for the resolution to pass.
Impact on Global Markets The rising tensions between the US and Iran have continued to rattle global markets, with stocks tumbling further on Wednesday despite assurances from the Trump administration, including an offer to have the US Navy escort oil tankers through the strategically vital Strait of Hormuz, which Iran has effectively blockaded.
Source: The Guardian
