Senator John Kennedy revealed that President Donald Trump would favor daily military strikes on Iran. The conflict, in which the United States and Israel have been conducting operations against Iran since February 2026, has seen periodic ceasefires, though recent strikes have resumed. Markets place only a 19.5% likelihood on the United States ending the Iranian blockade by July 31, 2026, and 0% odds on a U.S.-Iran diplomatic meeting in the UAE by September 30, 2026.
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