U.S. and Iran Hold Fire for Second Day as Peace Talks Underway

The U.S. and Iran both paused military strikes for a second consecutive day on July 26, 2026, with peace talks underway, per AP and CSM. The pause follows nine straight days of U.S. strikes after a 60-day ceasefire collapsed in early July. No signed agreement or timeline for talks has been confirmed. Energy and equity markets have repriced sharply at each prior inflection point.