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calendar_month Jul 12, 2026

Iran’s Supreme Leader Vows Retaliation, Trump Warns 1,000 US Missiles ‘Locked and Loaded’ and More: This Week in Politics

As the week unfolded, the world witnessed a series of escalating events, including Iran’s Supreme Leader vowing retaliation and the U.S. launching a strike in response. Meanwhile, President Donald Trump warned of a potential conflict.

Here’s a quick recap of the week’s top political stories.

Iran Attacks Ship, Shuts Strait of Hormuz

U.S. Central Command forces announced a strike on Iran on Saturday in response to the Islamic Revolutionary Guard Corps’ attack on a container ship in the Strait of Hormuz. This was the third such strike of the week. The IRGC forces attacked the M/V GFS Galaxy, a Cyprus-flagged container ship, resulting in a missing crew member and significant vessel damage.

Defense Secretary Pete Hegseth, in response to the strike, stated, “Iran made a poor choice. Now they pay.” 

Read the full article here.

Sen. Lindsey Graham Dies at 71

Sen. Lindsey Graham (R-S.C.) died Saturday night, his office confirmed Sunday.

“On the evening of Saturday, July 11, U.S. Senator Lindsey Graham passed away from a brief and sudden illness,” his office said in a statement.

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Iran’s Supreme Leader Vows Retaliation

Iran’s Supreme Leader, Ayatollah Mojtaba Khamenei, declared that avenging his slain predecessor and father was “the demand of the nation.” He emphasized that the retaliation “must certainly” be carried out. These statements reflect an intensified stance following months of political and military tension.

This declaration coincided with the funeral ceremonies for his father, Ayatollah Ali Khamenei, who was killed in US–Israeli airstrikes on February 28. 

Read the full article here.

Trump Says First 500,000 Trump Accounts Are Funded

President Donald Trump said the first 500,000 Trump Accounts have been funded, marking an early milestone for the new investment program aimed at helping children build long-term savings.

However, economist Peter Schiff criticized the announcement, arguing that the funding does not represent a major economic achievement and questioning the broader impact of the program.

Read the full article here.

Bernie Sanders Seizes on Poll Showing Billionaires Have Too Much Power

Sen. Bernie Sanders pointed to a new Wall Street Journal poll showing that 75% of Americans believe billionaires have too much influence in Washington. He argued that political power has become increasingly concentrated among the wealthiest Americans.

Read the full article here.

Trump Says Maggie Haberman ‘Will Pay the Price’

President Donald Trump responded to questions about his cognitive health from New York Times journalist Maggie Haberman, warning of consequences as his multibillion-dollar lawsuit against the newspaper progresses. Trump criticized Haberman for her allegedly inaccurate reporting.

Trump’s response came after Haberman questioned his mental clarity during an MS Now appearance, citing recent verbal mistakes and limited public information about his health. 

Read the full article here.

Photo courtesy: Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.