Trump Announces US-Israel to Pause Iran Strikes Amid New Deal Outlines
President Trump declared a halt to new US-Israel strikes on Iran, citing progress on a deal for Strait of Hormuz access and nuclear threat, with regional allies involved.
The conversation that mattered
U.S. President Donald Trump announced on Saturday (August 1, 2026) that the United States and Israel have agreed to hold off on further strikes against Iran.
This decision follows discussions with Middle Eastern allies who have reportedly reached the outlines of a deal to end the ongoing conflict. According to Trump, the emerging agreement would ensure the "Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat." The announcement came after a phone call between President Trump and Saudi Crown Prince Mohammed bin Salman, who expressed concerns about a potential escalation of the conflict.
While Trump stated that Israel joins this commitment, Iran has not yet offered a public reaction to the development. This marks a significant shift, as only a day prior, Trump had suggested a return to heavy military strikes. The focus now shifts to rapidly finalizing this deal.
What we'll be watching next 72h
- August 5, 2026, 10:00 am: US Senate Committee on Foreign Relations hearing on nominations.
- August 5, 2026, 3:00 pm: US Senate Committee on Foreign Relations closed hearing on the war in Sudan.
- August 6, 2026, 11:00 am: US Senate Committee on Foreign Relations hearing on protecting Americans from global scam operations.
- August 29-30, 2026: G20 Meeting of Finance Secretaries and Central Bank Governors in Asheville, USA.
- August 31 - September 1, 2026: G20 Meeting of Finance Ministers and Central Bank Governors in Asheville, USA.
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