Trump warns of major war escalation if Iran peace process fails - Reuters

<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxPMFEzUEk2UktwUExCbWdZb3V3akR1TW5RREtqVkJVaFpfdmV4R1ozS3VqU0IybTNTOHlBaWdteHZnRFMwVU4wV2p3MWRMS3BEenBYUENVWGdtOXo5MWQyampLendIcDlNOF84UHVocXZXM21rN19NNXhyOGQ4aWE2WE1LZkpkdlpTRHliVUk4eURNT21yWTNFV3NMcnNnRVdPU2dZUzRiemVDQUJfSFFQM3VFQWZoQQ?oc=5" target="_blank">Trump warns of major war escalation if Iran peace process fails</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

President Trump threatened to annihilate the Iranian nation if a deal is not reached to reopen the Strait of Hormuz by 8 p.m. ET, escalating tensions in the region.

President Trump has warned of a major escalation in the conflict with Iran if the ongoing peace process fails, raising concerns about potential military actions.

Despite President Trump's announcement of a two-week ceasefire with Iran—reached just before a deadline regarding the reopening of the Strait of Hormuz—Democratic lawmakers in Congress have continued calling for his removal from office. As of Tuesday evening, over 85 House Democrats had voiced support for either impeachment or invoking the 25th Amendment. Although these efforts face steep odds due to the lack of necessary Republican support, Democrats aim to demonstrate their resolve to their voter base. The ceasefire may reduce public urgency around the issue, weakening momentum for these efforts, but Democrats remain firm in their opposition, signaling that the ceasefire has not changed their stance.

Following a sharp escalation in tensions, President Trump agreed to a two-week ceasefire with Iran, temporarily halting the threat of full-scale conflict and potential devastation. This diplomatic pause not only defused immediate fears of war but also brought a reprieve for the rapidly growing U.S. defense technology sector. Investments in defense tech startups have surged in recent years, jumping from $520 million in 2020 to nearly $7 billion in 2025, according to PitchBook. Companies like Anduril have benefited significantly from this boom. However, the future of defense spending could become uncertain, particularly if Democrats gain control of Congress in upcoming midterm elections and adopt a more restrained stance toward Pentagon budgets. While the long-term implications remain speculative, the current ceasefire offers a window of opportunity for diplomatic resolution and continued growth in defense innovation.