Hegseth, Caine to testify on Pentagon budget amid Iran war

US Secretary of Defense Pete Hegseth speaks during a press briefing at the Pentagon in Washington, DC, on April 8, 2026. The United States and Iran agreed to a two-week ceasefire on April 7 barely an hour before President Donald Trump's deadline to obliterate the country, triggering global relief alongside apprehension. Tehran has agreed to temporarily reopen the Strait of Hormuz, through which much of the world's oil, gas and fertiliser passes, easing concerns for the battered global economy. …