Key development: Iran re-closed the Strait of Hormuz on Saturday after briefly reopening it, citing Israeli strikes on Lebanon as a breach of their agreement with the US.

Military Operations

(Update) Israel killed 16 people in strikes on Lebanon hours after agreeing to a ceasefire. Less than a day after the truce was announced, fresh attacks wounded another 12. (Euronews)

Context: US officials announced Friday that Israel and Hezbollah had agreed to renew their ceasefire. Within hours, Israel launched strikes on southern Lebanon. Lebanon’s civil defense agency confirmed 16 killed and 12 wounded in the attacks that followed the ceasefire announcement.

Sources: Euronews

Economy

(Update) Iran re-closed the Strait of Hormuz on Saturday, citing Israeli strikes on Lebanon as a breach of their US agreement. About 20% of the world’s oil flows through that chokepoint. (France24, Euronews)

Context: Iran had reopened the strait as part of their interim deal with the US. On Saturday, Iran’s military command announced it was closing the waterway again, stating that Israel’s attacks on southern Lebanon represent a breach of Tehran’s agreement with Washington. The announcement came as US envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi were heading to Switzerland for implementation talks.

Sources: France24 | Euronews

Diplomacy

(Update) Trump signed the Iran deal over dinner at Versailles on Wednesday instead of waiting for the planned ceremony in Switzerland. Implementation talks are still scheduled for Geneva on June 19. (France24)

Context: The interim US-Iran agreement was originally scheduled to be signed Friday in Switzerland. Instead, Trump signed it Wednesday night at a state dinner with French President Macron at Versailles. Switzerland confirmed that talks on implementing the deal are still set for Geneva on June 19, as US envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi prepare to meet.

Sources: France24 | France24

Inside Iran

[UNCONFIRMED] Iran’s national soccer team might face less hostility at the World Cup now that the US deal is signed. Experts think the “extra animosity” toward Team Melli will ease up. (Al Jazeera)

Context: Iran’s national team has faced heightened hostility at international competitions during the recent tensions with the US. With the peace agreement now in place, analysts expect some of that political pressure to subside as the World Cup campaign continues.

Sources: Al Jazeera

What to watch: Whether the Strait of Hormuz closure derails the Geneva implementation talks scheduled for this week, and if the Lebanon ceasefire violations will further strain the broader US-Iran agreement.