US and Iran exchange fresh strikes as Tehran threatens to halt talks. Mines will hold back Strait of Hormuz shipping for months, CEO warns—AND MORE

CNN: Iran’s Islamic Revolutionary Guard Corps said it targeted American military sites in neighboring countries including Kuwait and Bahrain, after the US struck Iranian sites. In Lebanon, the Israeli military said it killed Hezbollah militants and dismantled a rocket launcher in the south of the country.

Strait of Hormuz: The US military launched more strikes on Iranian sites around the key waterway, saying they came in response to “continued Iranian aggression,” including a drone launch and an attack on a cargo ship

Mines will hold back Strait of Hormuz shipping for months, CEO warns

Takaya Soga, chief executive of Japan’s NYK Line, which operates a fleet of more than 900 vessels, said shipping would only resume at much lower volumes because of the capacity constraints of safer routes through the strait that run close to Iran and Oman…

Deal with Trump hands Iran economic lifeline as leaders eye postwar gains

An influx of cash under Trump’s preliminary peace agreement could offer Iran’s leaders a chance to stabilize their economy and rebuild after months of war…

In Beirut’s Southern Outskirts, Life Slowly Returns Amid Ruins

Dahiya, a sprawling area and Hezbollah stronghold, is stirring back to life amid a tense truce with Israel. “This war has brought so much loss,” one resident said…

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