US war with Iran strains munitions and drives up inflation

Pentagon inspectors confirm supply shortages while the CBO projects rising costs from the ongoing conflict.

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The US war against Iran is depleting munitions stockpiles and creating supply bottlenecks, according to the Pentagon inspector general. This assessment contradicts President Donald Trump's assertion that US supplies are "virtually limitless." The Congressional Budget Office projects the conflict will drive up inflation early next year and cost at least $2 billion a month per the CBO.

Regional escalation continues as Houthi forces seized the strategic port city of Mokha and launched missiles and drones at Saudi Arabia. Despite these advances and requests from Saudi Arabia for strikes, Trump has declined to expand US military involvement in the region.

Domestic political maneuvering continues in Washington. FBI Director Kash Patel faced Senate Judiciary Committee oversight hearings, fielding questions on election interference and other topics while pushing back against Democratic opposition. Separately, the Kennedy Center board voted to close the facility immediately for renovations shortly after a federal judge blocked them from adding Trump's name to the building's facade.

International trade relations are shifting as Canadian Prime Minister Mark Carney stated Canada intends to emerge from its trade war with the United States with a stronger and more independent economy.

Sources: 1. BBC Middle East: Iran war has led to US munitions shortfalls, Pentagon inspector confirms — https://www.bbc.co.uk/news/articles/c9gk58xgng0vo?at_medium=RSS&at_campaign=rss (src1) 2.

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