US Iran suspends hostilities, sends diplomatic signal, oil prices fall, Trump will go to Michigan to discuss economy According to BlockBeats, on July 27th, US President Trump plans to deliver a speech in Detroit, a suburb of Michigan, focusing on promoting his economic policies and tariff measures. This trip comes at a time when the US midterm election cycle is heating up, and Trump will defend his economic performance in key swing states. At the same time, there are signs of easing in the US Iran conflict. After 13 consecutive nights of mutual strikes, the United States and Iran suspended military operations over the weekend to create space for diplomatic negotiations. Affected by the ceasefire news, international oil prices have fallen sharply, easing market concerns about the further impact of the Middle East conflict on the global economy. The Trump administration stated that the suspension of actions by the US and Iran is aimed at promoting diplomatic contacts between the two sides and seeking to reach a longer-term peace agreement. However, the continued escalation of military actions by both sides has had a significant impact on the energy market and global risk assets, and the subsequent development of the situation will still be the focus of market attention. In addition, the US Department of Defense has adjusted the casualty statistics for the US military in the recent Iran conflict, with four recently deceased US soldiers no longer included in the total number of deaths in the Iran War, but instead placed in a new independent category. [Original link]