Axios

"War," "Excursion," "Operation": Trump's war on Iran semantics

Mar 26, 2026Center Left

President Trump said Wednesday he won't call the conflict in Iran a "war" because "you are supposed to get approval," suggesting the label itself could trigger congressional authority the administration says it doesn't need.The big picture: But the fiery operation has been widely characterized as a war (one that's cost hundreds of lives and billions of…

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The Next Financial Shock to Come From Trump’s War With Iran

The New Republic

Mar 26, 2026

Good Match

The Next Financial Shock to Come From Trump’s War With Iran

Let’s set the scene. The U.S. government is staring down a projected $1.9 trillion deficit for this fiscal year, with the total national debt now pushing $39 trillion. Simultaneously, the expanding war in Iran and the subsequent crisis in the Strait of Hormuz have fractured global energy supply chains, driving Brent crude to $119 a barrel and sparking a…

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