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AXIOS (Marc Caputo) - Scoop: U.S. blockade has cost Iran $4.8 billion, Pentagon says

The Defense Department estimates Iran has been denied nearly $5 billion in oil revenue because of the U.S. blockade in the Gulf of Oman, causing unprecedented pressure on Tehran's government. Why it matters: The blockade is President Trump's most significant leverage tool to negotiate ending the war with Iran , and the Pentagon wants to emphasize its impact as peace talks stop and start. Zoom in: Since the blockade began April 13, the U.S. military has redirected more than 40 vessels that have tried to pass through the blockade by carrying oil and other contraband, Pentagon officials say. - In total, 31 tankers laden with 53 million barrels of Iranian oil are "stuck in the Gulf" and have a value of at least $4.8 billion. Two ships have…

The Defense Department estimates Iran has been denied nearly $5 billion in oil revenue because of the U.S. blockade in the Gulf of Oman, causing unprecedented pressure on Tehran's government. Why it matters: The blockade is President Trump's most significant leverage tool to negotiate ending the war with Iran , and the Pentagon wants to emphasize its impact as peace talks stop and start. Zoom in: Since the blockade began April 13, the U.S. military has redirected more than 40 vessels that have tried to pass through the blockade by carrying oil and other contraband, Pentagon officials say. - In total, 31 tankers laden with 53 million barrels of Iranian oil are "stuck in the Gulf" and have a value of at least $4.8 billion. Two ships have…Open

AXIOS (Andrew Solender) - "These are not normal times": Inside Democrats' sweeping 2028 redistricting plans

This week's Supreme Court ruling weakening the Voting Rights Act has nullified some of the Democratic resistance that kept many states from pursuing extreme gerrymanders this election cycle. Why it matters: That new energy could put a fresh crop of blue and even purple states on the board as potential redistricting targets ahead of 2028, according to more than 20 federal and state Democratic lawmakers Axios spoke to. - Even some legislators who previously resisted redistricting in their states appear to be warming up to the idea after Wednesday's decision. - Illinois state Rep. La Shawn Ford, who won the Democratic nomination for Illinois' 7th House District, was one of several Black Caucus members who pushed back against Gov. JB…

This week's Supreme Court ruling weakening the Voting Rights Act has nullified some of the Democratic resistance that kept many states from pursuing extreme gerrymanders this election cycle. Why it matters: That new energy could put a fresh crop of blue and even purple states on the board as potential redistricting targets ahead of 2028, according to more than 20 federal and state Democratic lawmakers Axios spoke to. - Even some legislators who previously resisted redistricting in their states appear to be warming up to the idea after Wednesday's decision. - Illinois state Rep. La Shawn Ford, who won the Democratic nomination for Illinois' 7th House District, was one of several Black Caucus members who pushed back against Gov. JB…Open