Overview
- A Pakistan-mediated ceasefire that took effect on April 8 has halted large-scale war but remains fragile because naval confrontations and episodic strikes continue along the Strait of Hormuz.
- U.S. Central Command said its forces shot down four drones and then struck coastal radar sites in Goruk and on Qeshm Island in early June to defend against what it called imminent attacks.
- U.S.-led diplomacy is moving on multiple tracks but U.S.-Iran talks are reported stalled after Iranian officials demanded phased release of roughly $24 billion in frozen assets as a condition for a deal.
- Separately, Israeli and Lebanese delegations met for consecutive days in Washington at the State Department to try to preserve their truce while Hezbollah has not joined those talks.
- Energy markets eased on signs of containment as oil prices fell and civilians were killed in recent strikes, and U.S. officials privately signaled the pause could end if U.S. troops are killed, underlining the ceasefire's precariousness.