Combat

• An Air Force F-35 stealth fighter jet believed to have been struck by enemy fire during a combat mission over Iran has been reported, with sources telling ABC News of the incident. • The pilot is in stable condition following the engagement, demonstrating the continued operational challenges faced by US forces in the Iran conflict zone. • The incident underscores the active air defense capabilities remaining available to Iranian forces despite claims of significant degradation through the sustained US-Israeli bombing campaign.

• Eight leading tech companies, including Google, Amazon, and Microsoft, signed a voluntary accord on March 16, 2026, to share threat intelligence against fraudsters misusing their services. • The initiative precedes the UN Global Fraud Summit in Austria, focusing on AI-accelerated scams and cross-platform fraud syndicates. • Participants commit to enhancing user security features and supporting law enforcement, amid soaring U.S. fraud losses.

• U.S. Treasury issued its March 2026 congressional report under the 2025 GENIUS Act on innovative technologies countering illicit finance in digital assets and stablecoins. • Report addresses mixers, tumblers, and obfuscation services on distributed ledgers, proposing frameworks aligned with administration priorities on privacy and regulatory burden. • Builds on 2021 AML Act and BSA authorities for AML/CFT programs, information sharing among financial institutions, and modernizing rules against money laundering and terrorism financing.

Lawmakers in nine states introduced more than fifteen tariff disclosure bills in 2026, requiring businesses to display tariff costs on receipts or vehicle labels amid midterm election pressures. Oregon's HB 4061 would provide grants to small businesses affected by federal tariffs, while both Democrats and Republicans target algorithmic pricing software in states like Illinois (HB 4717), Ohio (SB 328), Tennessee (SB 1807), and Utah (SB 293). These measures aim to address constituent concerns over rising living costs by promoting transparency in pricing practices potentially enabling price collusion. Additional bills in Colorado (HB 1210) and Maryland (HB 148) extend restrictions to workplace algorithms used for wage setting.

Drones aren't yet licensed to carry passengers, but some may already be airlifting wounded personnel off the battlefield and could be employed for smuggling people

The US announced a 30-day easing of Russian oil sanctions on March 13, 2026, following a joint international release of record oil reserves that failed to curb barrel prices amid the Iran conflict. This move aims to alleviate rapidly rising energy costs for American consumers as global volatility persists. Despite the releases, oil prices remain elevated due to Iran's effective closure of the Strait of Hormuz, through which 20% of world traded oil passes. Analysts warn that prolonged war could exacerbate inflation and economic pressures in the US.

The United States announced a 30-day easing of sanctions on Russian oil on March 13, 2026, following a joint international release of record oil reserves that failed to lower barrel prices amid the Iran war. Global volatility from the conflict, now in its third week, exacerbates inflation pressures worldwide. This temporary measure aims to alleviate rapidly rising US fuel costs, though experts warn it may not suffice as Iran's Strait of Hormuz closure disrupts 20% of global oil trade.