US–Iran Ceasefire & Hormuz Reopening: The US and Iran say they’ve reached an initial framework to end hostilities and reopen the Strait of Hormuz toll-free, with the formal signing set for June 19 in Switzerland and Pakistan hosting the ceremony; Trump also ordered the removal of the US naval blockade, aiming to restart global trade and ease energy prices. Lebanon Still in the Mix: The deal is described as including an immediate and permanent halt to military operations “including in Lebanon,” but Israel’s leaders publicly signaled they won’t withdraw from security zones, keeping uncertainty high for the region. Markets React: Oil prices slid sharply on hopes of Hormuz reopening, while investors tracked the next steps and the still-unresolved nuclear and sanctions questions. EU Push for Implementation: EU officials welcomed the agreement but warned against weaponising energy dependencies and stressed freedom of navigation, linking regional stability to Lebanon’s situation. Business Angle (Lebanon-linked): Digital Projection appointed Axion Displays as its EMEA partner, explicitly covering Lebanon, as regional commerce and logistics look set to shift with Hormuz reopening. Humanitarian Spillovers: A World Food Programme warning highlights how the wider Iran conflict is starving millions via higher food and fuel costs and disrupted trade—effects that could worsen even if fighting cools.