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Trump Pauses Iran Strikes, Oil Prices Top $100 per Barrel

7/26/2026

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Trump Pauses Strike
  • U.S. President Donald Trump said on July 25 he has not decided on a major strike against Iran and paused U.S. attacks.
  • The pause highlights civilian and economic harms, including soaring oil prices, strained supply chains, Gaza’s humanitarian crisis, and regional instability.
  • Oil rose above $100 a barrel as the conflict threatened Hormuz and Bab al-Mandeb.
  • The House narrowly passed a resolution urging Trump to halt further military action against Iran.
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