Lebanon-Israel Framework Returns to the Spotlight: A key June 2026 Lebanon-Israel framework agreement is still facing major hurdles, with critics saying it’s unequal and that Lebanon lacked leverage to negotiate from strength—while Hezbollah’s rejection and ongoing Israeli operations keep implementation in doubt. US-Iran Hormuz Crisis Hits the Region Hard: The US resumed strikes on Iran for a third straight night after Trump moved to reinstate a blockade and floated a 20% fee for ships transiting the Strait of Hormuz; Iran retaliated with attacks including on a US-linked airbase in Jordan, while oil prices and airline schedules stayed jittery. Arab League Pushes Back on Iran: The Arab League’s new chief Nabil Fahmy urged Iran to stop attacks on Arab states and stressed sovereignty, as regional tensions boil and diplomacy struggles. Southern Lebanon Displacement Meets Uncertain Returns: After the framework and ceasefire moves, hundreds of thousands returned to south Lebanon, but insecurity, damaged infrastructure, and restrictions still leave many unable to rebuild. Defense Tech Under Scrutiny: Elbit Systems says its Gaza/Lebanon Tzayad program generated massive “real-time” targeting and battle plans, drawing criticism over civilian-protection concerns. Trade & Growth Angle: A UN-backed study warns only 14 of 22 Arab states are WTO members, arguing accession could boost exports, investment, and economic diversification.