Trump Halts Iran Strikes, Hints at Imminent Peace Deal
WHO:
[10:44 PM EDT] - CBS News - President Trump announced the cancellation of strikes on Iran.
[10:44 PM EDT] - CBS News - Saudi Crown Prince Mohammed bin Salman spoke with Trump regarding the situation.
WHAT:
[10:44 PM EDT] - CBS News - President Trump stated that the United States has agreed to "cancel the attack" on Iran.
[10:44 PM EDT] - CBS News - Trump indicated that a peace deal to end the war with Iran could be imminent.
[10:44 PM EDT] - CBS News - Trump mentioned that the deal would include the "Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat."
[10:44 PM EDT] - CBS News - The U.S. and Israel had planned a significant bombing campaign against energy infrastructure targets in Iran.
WHERE:
[10:44 PM EDT] - CBS News - The Hormuz Strait, a strategic waterway, is mentioned in the context of the peace deal.
WHEN:
[10:44 PM EDT] - CBS News - The planned strikes against Iran were expected to occur throughout the weekend.
WHY:
[10:44 PM EDT] - CBS News - Trump stated that the cancellation of the attack is for the "future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran."
HOW:
[10:44 PM EDT] - CBS News - Trump communicated the decision through a post on Truth Social.
(UPDATED August 2, 2026 04:27 UTC)
President Trump announced the cancellation of planned strikes on Iran, stating that the United States has agreed to "cancel the attack" in a move he believes is for the future benefit of the world and the survival of a successful and prosperous Iran. During a conversation with Saudi Crown Prince Mohammed bin Salman, Trump indicated that a peace deal to end the war with Iran could be imminent, which would involve the immediate and complete opening of the Hormuz Strait and an end to Iran's nuclear threat. The U.S. and Israel had been preparing for a significant bombing campaign against energy infrastructure targets in Iran, which was expected to take place over the weekend.