Bloomberg
Trump Pauses Iran Strikes as Talks Resume
Sunday, August 2, 2026
President Donald Trump paused planned military action against Iran to allow negotiations to continue regarding the Strait of Hormuz and Iran's nuclear program, according to Bloomberg. Trump stated the pause depended on reaching a deal quickly. Israel maintained a cautious stance on the talks, and Gulf states pursued independent security strategies during the negotiation period. Bloomberg reported that any agreement on shipping through the Strait of Hormuz could affect the regional balance of power.
