Makana 360 Daily Insights: Global News & Digital Trends
📌 Israeli attacks on Lebanon seen as a grave violation of the US-Iran ceasefire
Iran’s deputy foreign minister, Saeed Khatibzadeh, told the BBC that Israel’s strikes on Lebanon amounted to a serious violation of the US-Iran ceasefire, describing them as a “massacre” after Lebanon’s health ministry reported 203 deaths. He also said the Strait of Hormuz would reopen only if what he called US aggression stopped. Meanwhile, President Donald Trump insisted that US forces would remain in the region until Iran fully complied with what he described as the “real” ceasefire. With conflicting interpretations of the deal’s terms, uncertainty continues to surround both the truce itself and the future of shipping through the strait.
📌 Oil prices rise as concerns grow over the fragility of the ceasefire
Oil prices and global markets turned volatile again as doubts deepened over whether the US-Iran ceasefire would hold. Brent crude rose to $96.53 and WTI to $97.02 after reports suggested Iran might keep the Strait of Hormuz closed following Israeli strikes on Lebanon. Washington said US forces would stay in the region until Iran fully complied with the truce. With only limited vessel movement, continued uncertainty over shipping access, and a growing backlog, analysts warn that disruptions to energy flows, trade, and freight costs could last for weeks or even months.
📌 UK farmers warn the ceasefire came too late to stop higher food costs
Farmers in the United Kingdom say the damage from the Iran conflict has already been done for this planting season, even with a ceasefire now in place. Fuel and fertiliser costs surged during a critical period, with some reporting that red diesel prices nearly doubled, while transport and packaging costs also rose. Industry figures warn of a fresh squeeze on farming margins, and many growers say they cannot absorb the increase. As a result, higher food prices may now be difficult to avoid, adding to pressure on an already fragile agricultural sector.
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