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US-Iran Strike Pause, Trump to Host Zelenskyy, Oil Plummets

7/28/2026

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Story summary
  • Oman-led talks and Chinese mediation prompted the United States and Iran to pause military strikes, ending a 13-day air campaign over the weekend.
  • President Donald Trump will host Ukrainian President Volodymyr Zelenskyy in Washington on July 28, 2026.
  • On July 27, 2026, Brent crude fell 9.75% to $88.79 per barrel and European natural gas dropped 7.7%, while India’s Sensex rose 776.01 points to 76,835.78 and the Nifty 50 closed at 23,995.95.