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Residents of Tehran and much of Iran are breathing a sigh of relief after a two-week ceasefire was announced, bringing an end to daily bombardments. The ceasefire, agreed upon by Iran and the US with mediation from Pakistan, has allowed some traffic to return to the streets of the Iranian capital during daylight hours.Despite the temporary reprieve, Tehran remains far from its usual bustling state, having been targeted by several thousand munitions since February 28. The Iranian capital is home to more than 10 million people. Air defence systems were activated for short periods several times since the ceasefire was announced overnight, but there were no reports of impacts or any official explanation for the activations.People across Tehran are debating whether the ceasefire will hold and what the future may hold for them. A young man noted, “Looks like the ceasefire will continue. I heard the Israelis are opening up their airspace more,” referring to an announcement by Israeli authorities that flights will resume from Ben Gurion Airport.However, others are more pessimistic, especially after two critical islands off southern Iran were attacked on Wednesday morning, hitting oil facilities. It is unclear who was behind the attack. The Islamic Revolutionary Guard Corps (IRGC) said it shot down a drone in the southern province of Fars.Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, and Bahrain also reported attacks on their territories by missiles and drones from Iran, with Iranian state television confirming this was in retaliation for the post-ceasefire oil attacks. Tehran said it was ready to restart military operations if attacked again.On Tuesday, Iranians had been worried about the targeting of critical civilian infrastructure, such as power plants and bridges, after a threat from US President Donald Trump to end “civilisation” in a country with one of the world’s oldest civilisations. The ceasefire was announced shortly before the midnight GMT deadline that Trump had set for an agreement to be reached.The Israeli military intensified its attacks in the hours preceding the ceasefire, hitting electricity outposts, bridges, and the railway network. Warplanes also struck the Iranian Aluminium Company in Arak, damaging the country’s largest aluminium production facility.Even after the ceasefire, Israel continued attacking Lebanon, killing more than 250 people in a devastating day of attacks on Wednesday. Israel said it was targeting Iran’s ally Hezbollah, but civilian locations across Lebanon were hit.Trump hailed what he described as a decisive victory against Iran while announcing the ceasefire, but his top general emphasised that the deal only signifies a pause and combat operations could start once again if no final deal is reached. The US military said it struck 13,000 targets across Iran in less than six weeks of war.In Iran, similar proclamations of victory and celebrations were broadcast from Iranian state television. A statement from the Supreme National Security Council urged supporters of the government to trust in the system and refrain from making “divisive commentary”.The council also stressed that affairs were being overseen by Mojtaba Khamenei, who was declared Iran’s supreme leader after his father, Ayatollah Ali Khamenei, was killed on the first day of the war on February 28.

Israeli forces have carried out a devastating bombardment across Lebanon, killing at least 254 people and wounding 1,165 others in air strikes that targeted areas in Beirut, the Bekaa Valley, Mount Lebanon, Sidon, and several villages in southern Lebanon.The Israeli military said that the attack was its largest coordinated assault on Lebanon since it started a new military operation in the country on March 2, “targeting more than 100 Hezbollah command centres and military sites”.The attacks have sparked widespread international condemnation, with leaders from around the world calling for an end to the violence. Lebanon’s Parliament Speaker Nabih Berri called the attacks a “full-fledged war crime,” while Hezbollah said it had a “right” to respond to the attacks.International Reactions:• Iran: The Iranian Revolutionary Guard Corps (IRGC) warned that it will respond to the attacks on Lebanon if Israel does not stop the assault.• US: President Donald Trump said Lebanon was not part of the ceasefire deal with Iran due to Hezbollah.• Qatar: The foreign ministry condemned the “brutal series” of Israeli attacks on Lebanon, calling them a “dangerous escalation and a flagrant violation of the sovereignty of the sister Lebanese Republic.”• Egypt: The Ministry of Foreign Affairs called Israel’s attacks on Lebanon had a “premeditated intent” to undermine regional and international efforts to reduce escalation.• UN: The United Nations strongly condemned the strikes by Israel across Lebanon that resulted in significant civilian casualties.

Israel's heaviest and deadliest air attacks on Lebanon in years have left the country reeling, with at least 254 people killed and over 1,160 injured. The strikes, which occurred in dozens of locations across Beirut, its suburbs, the south, and the eastern Bekaa Valley, have sparked fears of a rising toll as more victims are recovered from the rubble.The attacks came hours after a Pakistani-negotiated ceasefire between the US and Iran took effect, but Israel and the US argued that Lebanon was not included in the agreement. US President Donald Trump described Lebanon as a 'separate skirmish,' while Israeli Prime Minister Benjamin Netanyahu claimed the ceasefire 'does not include Lebanon.'Netanyahu's goal appears to be taking advantage of the fluid situation to maximize operational achievements in Lebanon, according to Dania Arayssi, a senior analyst at New Lines Institute for Strategy and Policy. 'He must take into account that a US-Iran deal might include ceasing the war on Iranian proxies, which would greatly complicate the Israeli war effort against Hezbollah in Lebanon.'The conflict escalated in early March when Israel intensified its war on Lebanon, following a salvo of rockets launched by Hezbollah. Since then, over 1,700 people have been killed and more than 1.2 million displaced. Hezbollah has claimed its right to respond to the attacks, affirming that it will resist occupation and respond to aggression.The airstrikes, which included over 100 attacks in fewer than 10 minutes, targeted Hezbollah headquarters and military targets, but many strikes were in densely populated residential areas. Hospitals were overwhelmed, and people were forced to flee their homes, with some attempting to return to their homes in the south amid confusion over Lebanon's inclusion in the ceasefire.'People are afraid,' said Najib Merhe, owner of a restaurant in the Manara neighborhood. 'This kind of situation no one can afford nor endure.'

Israeli airstrikes devastated Lebanon on Wednesday, killing more than 300 people and wounding 1,165 in a span of just 10 minutes. The strikes, which targeted over 100 sites across the country, have been described as one of the deadliest mass killings in Lebanon since the end of the civil war in 1990.Omar Rakha, a survivor, recounted his terrifying experience: he was bleeding and face down on the street when he realized a building next to his in Beirut's Barbour neighborhood had been destroyed by two Israeli bombs. The neighborhood, once considered safe, felt like a war zone.The Israeli military claimed it had targeted Hezbollah 'command and control centers' in the bombing campaign dubbed 'Operation Eternal Darkness.' However, residents and Lebanese officials argue that the strikes mainly killed civilians. Lebanon's prime minister, Nawaf Salam, accused Israel of targeting 'densely populated residential neighborhoods' and killing unarmed civilians in breach of international law.Dr. Ghassan Abu-Sittah, a surgeon at the American University of Beirut Medical College, described the overwhelming influx of wounded, including children pulled from under the rubble. 'The youngest was an 11-month-old. I had to operate on him just to relieve some pressure in the head,' he said.The airstrikes have escalated tensions and raised concerns about the potential for further conflict. The war in Lebanon, which started after Hezbollah launched rockets at Israel on March 2, has left around 1,800 people dead and 5,873 wounded.

In a stark address delivered as the cease‑fire in the Iran conflict teetered, IMF Managing Director Kristalina Georgieva warned that the war will leave a permanent scar on the global economy, slowing growth beyond the IMF’s original projections for 2026. Georgieva noted that, had the hostilities not erupted six weeks ago, the Fund would have been poised to raise its 2026 growth outlook. Instead, even the most optimistic scenario now entails a downgrade, and a swift return to pre‑war conditions appears unlikely. The uncertainty surrounding the cease‑fire—exacerbated by divergent positions of Washington and Tehran—has already pushed oil prices higher, reflecting fears of continued disruptions to shipments through the Strait of Hormuz, a vital conduit for world energy supplies. According to the IMF’s upcoming World Economic Outlook, the conflict’s “scarring effects” will translate into lower living standards worldwide. The Fund had previously forecast global growth of 3.1% in 2026, a modest slowdown from 3.2% in 2025, buoyed by a tech‑driven investment surge. Georgieva emphasized that the war arrived when the economy was riding “considerable momentum” from technology investment and supportive financial markets. She outlined the mechanisms of damage: damaged infrastructure, supply‑chain interruptions, eroded confidence, and prolonged uncertainty over oil and gas production in the region. These factors will depress growth regardless of whether a peace agreement is ultimately reached. Georgieva highlighted that the most vulnerable will be net oil‑importing nations, poorer economies and small island states, which stand to feel the brunt of higher energy costs and reduced trade flows. She urged governments to avoid unilateral measures such as export bans or price controls, warning that such actions could "pour gasoline on the fire" and further destabilise markets. With many countries already carrying elevated debt levels and higher borrowing costs, the IMF chief called for targeted, temporary assistance to protect the most at‑risk households. She cautioned against broad tax cuts or blanket energy subsidies, which could stoke inflation and strain fragile public finances. Central banks, she added, should keep policy rates steady while remaining ready to act against inflationary pressures. Bank of England Governor Andrew Bailey, who also chairs the Financial Stability Board, echoed the IMF’s concerns, describing the conflict as a "very big shock" that has heightened market volatility. He stressed that the situation remains fluid and that policymakers must stay vigilant. Overall, the IMF’s message is clear: the Iran war will reshape the global growth trajectory for the foreseeable future, and coordinated, prudent policy responses are essential to mitigate its lasting impact.

The UK government has pledged £380 million to accelerate the build‑out of a new battery factory in Somerset that will supply Jaguar Land Rover (JLR) with cells for its forthcoming electric Range Rover and Jaguar models. The plant, operated by Tata’s battery subsidiary Agratas, was highlighted during a site visit by Business Secretary Peter Kyle, who emphasized the grant’s role in safeguarding jobs and driving economic growth. When fully operational, the gigafactory is projected to employ 4,200 workers and deliver up to 40 GWh of battery capacity annually—enough for hundreds of thousands of electric vehicles. It will become the UK’s second high‑volume battery facility after the Chinese‑owned AESC plant in Sunderland. Construction remains in its early stages, with only a steel frame erected so far. Although the original timetable targeted production start‑up in 2026, delays have pushed the expected commencement to the end of 2027. Agratas has reduced the footprint of the first building but claims the change reflects more efficient process design rather than a cut‑back in output. JLR, the nation’s largest automotive employer, had planned to launch its electric Range Rover in 2025, but the debut has slipped to 2026 and the vehicle is still not on sale. The postponement follows a broader trend of EV manufacturers worldwide scaling back or postponing battery projects after over‑optimistic forecasts of rapid consumer migration from petrol. Recent spikes in petrol prices—spurred by geopolitical tensions linked to Donald Trump’s war in Iran—could make electric cars more appealing, potentially justifying the sizeable capital commitments required for a transition to EV production. Until the Somerset facility becomes operational, JLR will continue to source batteries from AESC. That arrangement was confirmed last year by investment bank Société Générale, though references to JLR have since been removed from public statements. In addition to the battery grant, Tata previously secured a £500 million pledge to modernise its Welsh steelworks with electric arc furnaces, underscoring the government’s broader push for greener industrial capacity. Peter Kyle said the investment, alongside other automotive research initiatives announced on the same day, would “boost economic growth, secure jobs and put more money in people’s pockets.” He added that the UK’s “modern industrial strategy” provides the stability needed for long‑term planning. Earl Wiggins, Agratas’s vice‑president for UK manufacturing, welcomed the funding, noting it will enable the company to “deliver net‑zero goals and strengthen the UK’s position as a global leader in battery manufacturing.” He projected that over 2,200 staff would be on‑site within the next year, with further growth thereafter.

Lebanon's prime minister expressed approval for a recently announced US‑Iran ceasefire, describing it as a hopeful step toward de‑escalation in the Middle East. The endorsement came at a time when Israeli strikes targeted areas of Beirut, causing renewed concern over civilian safety and regional stability. While the ceasefire signals a potential cooling of tensions between Washington and Tehran, the ongoing Israeli operations highlight the complex and often contradictory dynamics shaping the conflict landscape.

Al Jazeera journalist Mohammed Wishah lost his life on Wednesday when an Israeli drone strike struck the car he was traveling in on al‑Rashid Street, a coastal road west of Gaza City.The air strike ignited the vehicle, causing it to burst into flames, according to sources cited by Al Jazeera.Since the onset of Israel’s war in Gaza in October 2023, the Israeli military has increasingly targeted media personnel. The Gaza Government Media Office reports that at least 262 journalists have been killed in Israeli attacks on the enclave.This latest fatality highlights the heightened risk faced by reporters covering the conflict and raises serious concerns about press freedom in a war zone where information is both a strategic asset and a perilous pursuit.Further updates will be provided as more information becomes available.

Israeli forces launched a series of coordinated strikes across Lebanon on Wednesday, killing dozens and wounding hundreds, just hours after a ceasefire was announced in the US-Israeli war on Iran. The attacks, which targeted areas in Beirut, the Bekaa Valley, and southern Lebanon, were the largest coordinated strike by Israel since it began a new military operation in Lebanon on March 2. The Israeli military carried out a surprise strike on hundreds of Hezbollah terrorists at command centers across Lebanon, according to Israeli Defence Minister Israel Katz. The strikes targeted Hezbollah infrastructure, with over 100 Hezbollah command centers and military sites hit. Lebanon's Ministry of Public Health reported that dozens of people were killed and hundreds wounded in the attacks. The Lebanese Red Cross said 100 of its ambulances were responding to the attacks, with teams working to transport the injured to hospitals. Hospitals were overcrowded, and health officials warned of a dire situation. Israeli Prime Minister Benjamin Netanyahu had earlier stated that the US-Iran truce excluded Lebanon, a country Israel has invaded in a new campaign against the armed group Hezbollah. Lebanese Prime Minister Nawaf Salam condemned the attacks, saying Israel was killing 'defenceless civilians' and showing disregard for international law. The violence has resulted in over 1,530 people killed in Lebanon since March 2, including women and children, and over 1.2 million people displaced. The situation remains volatile, with Hezbollah warning of a response from Iran and its allies if Israel does not adhere to a ceasefire.