Pivotal US-Iran war deadline approaches with no end in sight for conflict
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- Iran shut the Strait of Hormuz, halting Indian vessels and sending Bitcoin prices tumbling.
- Israel drew a 'yellow line' across Lebanon to limit strikes, though its enforcement remains disputed.
- Trump faces a May 1 deadline under the War Powers Resolution and will seek a 30‑day extension, while a $20 billion legal battle over his Hormuz stance looms.
Why it matters: Congress risks losing war‑power leverage, while Trump’s team preserves its agenda; the May 1 deadline will trigger a fresh 60‑day war powers clock and a $20 billion legal showdown, inflating defense spending and unsettling markets.
