Let's get into the executive summary.

NEWS NEWS.

American forces struck two Iranian rocket launch sites on Larak Island on Sunday, after watching crews prepare rockets carrying sea mines for the Strait of Hormuz. Iran said two people were killed and fired ballistic missiles at American sites in Jordan, which intercepted eight of them. That ended about a month with no publicly confirmed exchange. Trump is weighing a plan for periodic limited strikes on rebuilt Iranian systems near the strait, with no published trigger and no promise of advance notice to Congress. Brent crude rose above ninety dollars a barrel.

The Pentagon has taken a thirty-five percent stake in the venture given exclusive rights to seventeen Venezuelan oil fields, several of them run until now by Chinese and Russian companies. The fifty-five percent officials describe is not an ownership share: it adds that stake to a separate State Department right to buy a fifth of the output at production cost. Analysts told C.B.S. News it could take five to fifteen years before that oil changes American gasoline prices, and no signed agreement or warrant terms have been published.

The House votes Tuesday on a stopgap the Senate has already passed, funding agencies through December eleventh, thirty-eight days past the November third midterms. It also carries highway programs to that date and blocks a proposed rule giving political appointees more say over federal grants. Current funding runs out September thirtieth, and all twelve regular spending bills are still unsettled.

Trade talks with Canada have collapsed, leaving a fifty percent American tariff on twenty-seven-point-six billion dollars of Canadian goods and Canada's answer of up to fifty percent landing September eighth. Each government now blames the other by name, and neither has published the terms, so the competing accounts cannot be checked. The U.S. Trade Representative answers questions from House Republicans this week.

The Federal Trade Commission and twenty-two states sued Amazon, saying a hidden floor price added in twenty-nineteen turned its advertised second-price ad auction into something else. Regulators say winners paid nearly their full bid in almost eighty percent of the auctions they won, at least twenty billion dollars in improper charges to more than one million advertisers. Amazon denies misleading anyone and says the agency misunderstands its system.

Nine more drugmakers signed Medicaid pricing deals, bringing the announced total to twenty-six companies, and pledged nineteen-point-six billion dollars for American manufacturing. No drug, price or savings figure has been published. Medicaid already receives discounts written into law, so where the statutory rebate is deeper, the new benchmark adds nothing.

Now, three Quick Bites.

A federal judge left the Postal Service mail-ballot rule blocked and set a September third hearing on a longer freeze, finding the agency likely had no power to write it. States are already preparing ballots for the November third midterms.

Army Secretary Dan Driscoll resigned after about eighteen months and reported clashes with Defense Secretary Pete Hegseth over leadership removals, modernization and readiness. Three other senior service leaders have already been removed or departed.

And the C.D.C. is keeping two Pennsylvania measles deaths out of its national count while it reviews them. The country recorded three measles deaths in all of twenty-twenty-five, and a November review decides whether the United States has lost measles-free status.

You're caught up.