US and Iran pause strikes for second straight day

2026-07-26 · military · major

After 13 consecutive nights of US airstrikes, the Pentagon halted attacks late on 24 July, with no strikes reported on 25-26 July; a senior Iranian official said Iran would hold fire as long as the US pause continued, and Trump said the US stopped at Iran's request while warning strikes would resume without a new deal. No formal ceasefire was signed; the pause solidified over a weekend, before the next market open.

Brent next close -8.5% · +7 days -3.3% · transits 2.6 → 4.0 per day · outsized reaction — bigger than 98.7% of pre-crisis days

Attribution caveat: 1 other major event(s) sit inside this one's ±7-day window (2026-07-22 Houthis strike two Saudi tankers in Red Sea, opening second front), so the reaction is not cleanly separable.

Sources

NPR · Al Jazeera · CNN

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Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt

https://chokepointdata.com/event/2026-07-26-us-and-iran-pause-strikes-for-second-straight-day/