Woofun AI reports that US-Iran military tensions have escalated, thwarting disengagement efforts amid a fragile ceasefire and Strait of Hormuz disputes. The US reinstated sanctions on Iranian oil, prompting retaliatory strikes on US bases.

Market observers note that rising energy costs are fueling US inflation, posing political risks ahead of midterm elections. A recent poll shows Trump's approval rating fell to 34%, the lowest in his second term. Analysts predict prolonged limited conflict and brinkmanship, with persistent Strait risks likely sustaining high oil prices and global risk aversion.