President Donald Trump’s blockade of the Strait of Hormuz begins at 10 a.m. after talks with Iran collapsed, Hungary’s Prime Minister and MAGA favorite Viktor Orbán conceded defeat following a landslide loss and Rep. Eric Swalwell (D-Calif.) suspended his gubernatorial campaign amid sexual misconduct allegations. Playbook’s Jack Blanchard and White House Bureau Chief Dasha Burns break down the risks of escalation with Iran, the political fallout at home and abroad and what to watch as Congress returns to a packed agenda.