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VIDEO: A U.S. aircraft has gone down in Iran, marking the first loss of an American aircraft in Iranian territory. One crew member has been rescued, according to one U.S. official and one Israeli official. It’s unclear if the jet was shot down or crashed. Iran has fired on targets across the Middle East, escalating tensions. The situation has affected global markets and oil prices. Meanwhile, the White House is releasing details of President Trump’s 2027 budget, including a $1.5 trillion dollar defense spending request.