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US and Iran halt fire exchange as Gulf tensions ease temporarily

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The US and Iran paused their two-week military confrontation on July 26, granting the Gulf shipping and oil industry a respite from missile strikes. US envoy Mike Waltz cited ongoing talks as the reason for the lull.

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US and Iran halt fire exchange as Gulf tensions ease temporarily

The US and Iran halted their fire exchange on July 26, marking the first pause in nearly two weeks of strikes. US envoy Mike Waltz stated that negotiations were being given space to progress, though no further details were provided. The lull offered temporary relief to Gulf shipping and oil industries, which had faced repeated missile threats. Reports indicated that US President Donald Trump had received a fresh strike plan but chose to prioritize diplomacy. The pause does not signal a permanent ceasefire, with both sides keeping military options open.

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