President Trump resumes strikes on Iran after the collapse of a recent ceasefire, sparking concerns over escalating costs and midterm election risks.

The administration announced a resumption of military strikes against Iranian infrastructure and military targets following the collapse of a memorandum of understanding signed in June. While the initial agreement aimed to establish a 60-day ceasefire to negotiate Iran’s nuclear program, the deal faltered as Tehran began charging "service fees" for passage through the Strait of Hormuz. This strategic waterway, which carries 20% of the world’s energy exports, has seen prices soar as Iran uses it as a bargaining chip. The escalation has drawn criticism from Republican lawmakers who worry about the impact on fuel prices and the risk of a "forever war." Senate Majority Leader John Thune noted that the choked strait is a key economic consideration, while Senator Bill Cassidy called for the president to speak to the American people to explain the circumstances. Democrats are currently pushing for a vote to cut off hostilities, aiming to pressure Republicans ahead of the November midterms. President Trump vowed further retaliation on Monday, stating that Iran will pay for every American soldier killed.

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