US Air Strikes on Iran Exceed 60 Days, Facing Congressional Approval Pressure

US air strikes on Iran, initiated on February 28, 2026, have surpassed 60 days, putting Trump under pressure for congressional approval. The war has incurred significant expenditure and military losses, with the blockade of the Strait of Hormuz driving up oil prices and threatening the petrodollar system.

Thu May 07 2026

Iran Air Strikes Prolonged, Trump Faces Congressional Approval Pressure

The United States and Israel launched large-scale air strikes on Iran on February 28, 2026, under 'Epic Fury' and 'Roaring Lion' operations. President Trump had pledged a swift war, claiming it would conclude within three days, but the operation has now exceeded 60 days. Under the US War Powers Act, the President cannot deploy forces for more than 60 days without congressional authorization. Starting from March 2, when Trump formally notified Congress of military actions in Iran, he must seek congressional approval by May 1 to continue operations. Congress is currently pressing for this authorization.

Massive War Expenditures and Military Losses

The prolonged war with Iran has resulted in substantial expenditures and military losses for the US military. The Pentagon has requested an additional $200 billion to cover war costs, with reports indicating $11.3 billion was spent within the first six days. Furthermore, the US has sustained significant damage, including the downing of three F-15E fighter jets, at least six Reaper drones, and partial damage to several THAAD missile defense systems. Concerns are rising about the cost-effectiveness of US high-cost defense systems against Iran's low-cost drones and missile attacks. Reports indicate 70% of US military bases in the Middle East have been attacked, shattering the myth of their absolute security.

Soaring Oil Prices and Threat to Petrodollar System

Iran's blockade of the Strait of Hormuz, a critical passage for 20% of global oil shipments, has caused oil prices to surge by 42% compared to pre-conflict levels. This could push US inflation from 2.4% to 3% or higher, reigniting expectations for interest rate hikes and increasing the risk of a hard landing for the US economy. Critically, the half-century-old petrodollar agreement between the US and Saudi Arabia is showing cracks, threatening a core pillar of dollar hegemony. Former UK Chancellor Jim O'Neill has criticized the notion that reliance on the US still guarantees national security.

*Source: Storm.mg (2026-05-07)*

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