Iran will halt attacks as long as US maintains pause, Iranian source says after Trump calls off strikes
XLE•Energy chokepoints remain in focus
Trump's decision to pause strikes has come at a turning point in the war, with both sides testing the boundaries of escalation that they set before a ceasefire ended major fighting in April and the interim agreement reopened Hormuz in June.
U.S. forces have already struck bridges and tunnels in southern Iran, prompting Iran to strike water desalination plants that nearby Gulf Arab states rely on to make their desert cities habitable.
Over the past week, Iran's Houthi allies in Yemen have announced a blockade on Saudi oil in the Red Sea, potentially shutting a second major chokepoint for energy shipping.
That pushed the benchmark Brent crude price above $100 LCOC1 for the first time since May. On Saturday, the Houthis fired on Saudi Red Sea oil targets for the first time in years.




