U.S.–Iran Ceasefire Holds for Second Day as Talks Begin

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