Trump-Netanyahu Iran options meeting
Analysis based on 16 articles · First reported Jul 29, 2026 · Last updated Jul 29, 2026
Oil prices surged sharply due to escalating conflict between the US/Israel and Iran, including attacks on shipping in the Strait of Hormuz. The meeting signals potential for further military escalation or diplomatic resolution, creating uncertainty in global energy markets.
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the United States — White House on July 28, 2026, to discuss options to curb Iran's nuclear program, including diplomacy, economic pressure, and a massive strike. A senior Israeli official stated that Netanyahu did not express a preference for attack, leaving the decision to Trump. The meeting occurred amid ongoing hostilities: a joint US-Israeli bombing campaign in Iran, Iranian retaliatory strikes on Israel and Gulf states, US-Saudi strikes on Iran-backed groups in Iraq, and Iranian attacks on US bases in Jordan and ships in the Strait of Hormuz. Oil prices spiked sharply. Iran rejected an Omani proposal to jointly manage the Strait of Hormuz.
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