Representative Ro Khanna is pushing for a House vote on a War Powers Resolution (H.Con.Res.38) to block unauthorized military action against Iran. The legislative move follows claims that Trump administration officials estimate a 90% probability of imminent strikes in the region. Currently supported by 77 Democratic co-sponsors, the resolution seeks to mandate congressional approval before any military engagement. This development occurs against a backdrop of a significant US military buildup in the Middle East, raising fears of a full-scale regional conflict. Markets are closely monitoring the situation, as heightened geopolitical risks typically drive up Brent Crude and WTI prices while boosting the appeal of gold (XAU/USD) as a safe-haven asset.
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