New Deadline Looms for U.S. and Iran as Truce Wavers

Fractures were already emerging in the limited cease-fire. Vice President JD Vance will lead a U.S. delegation in talks this weekend.

By Michael Crowley

FirstFT: Middle East ceasefire under pressure over Israeli attacks on Lebanon

Also in today’s newsletter: CK Hutchison takes Maersk to arbitration, and Meta releases new AI model

Financial markets welcome Iran cease-fire but caution remains

Stocks rallied Wednesday on news of a two-week cease fire in the U.S. war with Iran. It could take some time, though, before drivers feel relief at the gas pump.

By Scott Horsley

‘People are afraid’: Lebanese reeling after Israel’s devastating attacks

Fear and confusion grip Lebanon as Israeli strikes devastate the country and its place in the ceasefire is contested.

Iran war ceasefire offers investors opportunity to rotate back into risk-on assets, investors say

Technology, financial and industrial stocks are looking attractive following the Iran war ceasefire, Shannon Saccocia told CNBC on Wednesday.

Iran-US truce on brink as Israel pounds Lebanon, Tehran warns of escalation

A fragile two-week truce between Iran and the United States hung in the balance on Wednesday as Tehran threatened renewed hostilities and Israel launched heavy strikes on Lebanon. Both sides claimed victory, but at least 182 people were killed and nearly 900 wounded, Lebanese authorities said.

By FRANCE 24

Peace talks 'unreasonable' after Israeli strikes - Iran

Israel hit Lebanon with its heaviest strikes yet, killing hundreds of people and drawing a threat of retaliation ⁠from Iran, which suggested it would be "unreasonable" to proceed with talks to forge a permanent peace deal with the United States.

Iran closes Hormuz Strait in response to Israeli attacks on Lebanon

Iran, the United States and Israel agreed to a two-week ceasefire on Tuesday, an 11th-hour deal that headed off US President Donald Trump’s threat to unleash a bombing campaign that would destroy Iranian civilization. Hours after the announcement, Iran and Gulf Arab countries reported new attacks Wednesday, though it was not clear if the strikes would scuttle the deal. All sides have presented vastly different versions of the terms. Iran said the deal would allow it to formalize its new practice

By The Korea Herald

White House rebukes NATO over Iran as Trump meets alliance chief

Trump and NATO's Mark Rutte met at the White House as the war with Iran has pushed U.S. relations with other members of the military alliance to a crisis point.

Italy summons Israeli ambassador after shots fired at UN in Lebanon

A defense ministry statement said the Italian logistics convoy was traveling from Shama to Beirut on Wednesday when, about 2 km after departure, the Israeli military fired warning shots.

US crude futures rise after settling previous session with biggest fall in six years

Iran says peace talks would be ‘unreasonable’ following Israeli strikes

Lebanon's civil defense service says 254 people had been killed in Israel's strikes across Lebanon on Wednesday

By Reuters