The hour is dominated by geopolitical friction, particularly regarding Iran. The U.S. Senate has advanced a major bipartisan bill to expand sanctions on Iran and Russia, a move running parallel to reports of tankers coming under fire near Oman and ongoing U.S. military strikes against Iranian interests. Meanwhile, FIFA's leadership faces internal instability as the organization abandons its controversial expansion plans amid a wider governance revolt. Beyond these sovereignty and governance shifts, the remaining items consist primarily of routine regulatory updates from federal agencies—including the FDA, CMS, and FERC—and standard market commentary that does not deviate from established trends.