Pulse Briefing: US-Iran military exchange, Oil price spike reigniting, US-Spain trade halt - Wednesday, July 08, 2026

The United States launched retaliatory strikes on Iran after multiple tanker attacks in the Strait of Hormuz, with Trump declaring the ceasefire over and reimposing oil sanctions. Oil prices surged, pushing the 10-year Treasury yield to 4.57 percent and reigniting inflation fears. Trump ordered a halt to all US trade with Spain over NATO spending disputes. The Pulse Briefing is a daily preparedness-intelligence briefing on the national and geopolitical developments that matter for prepared families: energy, supply chains, security, health, and the economy.