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US-Iran War Pauses for Second Day as Trump Holds Back on Escalation
NYT > World News·Monday, 27 July 2026
The US and Iran have held off on strikes for a second consecutive day, with President Trump delaying plans to escalate the fighting. American officials said one reason for the pause was dwindling stockpiles of interceptor missiles. The situation remains fragile, with neither side having formally stood down.
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A war between the US and Iran directly affects global oil prices, regional stability, and India's energy imports and foreign policy calculations.
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