The New York Times

1. Iran War Has Drained U.S. Supplies of Critical, Costly Weapons

   The Pentagon’s rush to rearm its Mideast forces makes it less ready to confront potential adversaries like Russia and China, administration and congressional officials say.

2. How the Iran War Is Morphing Into a Volatile Standoff in the Strait of Hormuz

   The conflict has morphed into a volatile standoff in the Strait of Hormuz, as the economic costs mount and President Trump faces a political backlash at home.

3. Trump’s Approval Drops to New Low, and Condom Prices Rise Because of the War

   Plus, your Friday news quiz.

4. Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses

   Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.

5. Who’s Getting a Tariff Refund?

   Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.