US-Iran Conflict Sees Brief Pause Amid Ongoing Tensions
The US-Iran conflict has seen a brief pause in hostilities, with Iran reporting no new US strikes overnight into Saturday. The development comes as diplomatic efforts continue, but tensions remain high, underscored by fresh incidents in the Strait of Hormuz, Gulf of Oman, and Red Sea.
Qatar announced the full resumption of maritime navigation from Sunday, July 26, after restrictions were introduced earlier this month due to heightened regional security concerns. The United Kingdom Maritime Trade Operations (UKMTO) reported an incident involving a tanker and military forces in the Gulf of Oman, while Iran's Revolutionary Guards stopped four vessels attempting to transit the Strait of Hormuz.
The Houthi rebels, backed by Iran, continued their fighting against Saudi Arabia on Saturday. The Yemeni state-run television reported airstrikes on Houthi missile launch sites and weapons depots, killing several Houthi members. Meanwhile, Iran's Oil Minister Mohsen Paknejad said the country earned $11.5 billion from oil sales during the war and a further $6.5 billion during the ceasefire period.