Middle East Tensions: Iran hit back after Trump said he may declare the Strait of Hormuz a U.S. territory, insisting the waterway “will remain Iranian” and warning against “endless bluffs.” US-Iran Economic War: A Reuters report frames the standoff as shifting from military pressure to economic pain, with oil prices and domestic inflation shaping U.S. politics while Iran’s economy strains under blockade and sanctions. SEC Sanctions Push: The SEC ordered capital market firms to cut correspondent banking ties and restrict dealings tied to North Korea and Iran, citing updated FATF risk guidance. Immigration Enforcement Controversy: Advocates reacted sharply to reports that ICE plans to equip agents with electric shock gloves, raising concerns about lawsuits and accountability. Politics & Elections: Democrats are dropping out of deep-red Senate races in Nebraska, Idaho, and South Dakota to boost independents, while one Montana candidate refused the strategy. Science & Climate: NASA is using a modified U-2 to study wildfire-generated storms, aiming to improve forecasting of pyrocumulonimbus events. Weather Emergency: Hawaiʻi issued an update on Hurricane Lala, urging shelter-in-place and preparing county shelters. Business & Crypto: OCC conditionally approved World Liberty Trust for a national trust bank license, tied to a Trump-affiliated entity. Sports: Caitlin Clark’s teammate may have revealed her locker-room nickname, and Ohio State’s Ryan Day paused plans after an offensive line injury. Public Safety: Police arrested a suspect after a Virginia State University shooting left five wounded, one in critical condition.