
Iran's IRGC says no more deceptive ceasefires; House passes war powers resolution 214-208; Houthi missile transfers raise Red Sea risk. Oil markets on edge.
Iran's Islamic Revolutionary Guard Corps said it will no longer accept any pause in hostilities that could let the United States resupply, a hardening of the rhetoric that keeps energy markets on edge.
The statement came alongside reports that Iran had sent Revolutionary Guard commanders and missile-related equipment to Yemen's Houthi movement earlier this month. If confirmed, the transfers would expand the conflict's reach, two regional security analysts said, particularly around the Bab el-Mandeb Strait and Red Sea shipping lanes that carry roughly 12% of global seaborne oil.
In Washington, the House of Representatives passed a war powers resolution on a 214-208 vote. The measure does not declare war or cut off funding for existing operations. Instead it directs the president to end U.S. military involvement against Iran unless Congress explicitly authorizes continued action. Supporters said the Constitution gives Congress, not the president, the authority to decide on prolonged military engagements. Opponents argued the president has broad powers to defend U.S. forces without waiting for lawmakers.
President Trump, speaking at an event in Marietta, Georgia, described the conflict as a "skirmish." He said the term reflected his view that the fighting was limited and that the United States remained in control. The label drew criticism from some lawmakers who pointed to weeks of U.S. airstrikes, Iranian missile and drone attacks, and casualties among U.S. personnel. Trump maintained that the term was accurate given the military pressure on Iran.
The resolution now heads to the Senate, where its prospects are uncertain. The next scheduled session is set for early next week. For now, oil markets and forex market analysis remain most sensitive to any further escalation in the Gulf or the Red Sea.
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