U.S. Halts Iran Airstrikes on July 24 After 13 Days of Continuous Operations

According to Axios, U.S. President Donald Trump ordered a halt to military airstrikes on Iran on July 24, marking the first pause in nearly two weeks of escalating military operations over control of the Strait of Hormuz. The two nations had engaged in 13 consecutive days of exchanges through July 23, resulting in four U.S. military deaths. Iranian Health Ministry officials confirmed no attacks occurred, stating Iran experienced "a quiet night."

Diplomatic efforts are advancing as an Omani delegation negotiates with Iran in Tehran to reopen the Strait of Hormuz. Sources familiar with the talks indicated progress, with a potential agreement possible by the weekend. The standoff has effectively closed the strategic waterway, pushing Brent crude oil futures up 27% over two weeks to $96.78 per barrel, nearing the $100 mark and raising inflation concerns globally.