Israel and Lebanon have agreed to a 10-day ceasefire, according to a statement from President Donald Trump. The announcement marks a formal pause in hostilities between Israeli forces and Lebanese-based combatants, with Trump positioning the United States as a party central to brokering the agreement. No additional terms, enforcement mechanisms, or mediating institutions were named in the available reporting. The ceasefire's short duration, 10 days, signals it is a temporary pause rather than a structural resolution, leaving the underlying political and military conditions unresolved. Whether the window is used to negotiate longer-term arrangements or collapses under renewed fighting will be the immediate test. Markets exposed to regional energy infrastructure, shipping routes through the eastern Mediterranean, and defense sector equities will be watching compliance closely. The brief timeline also limits how much diplomatic architecture can be built before the agreement expires, making extension talks the critical variable to track.
Venezuela's earthquake death toll has reached 1,430 with the US Geological Survey warning fatalities could top 10,000, placing it among Latin America's deadliest in a century. US military planes are landing in Caracas, Washington is mobilising $150 million in aid, and rescue teams from 17 countries are on the ground.
Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.
The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
