Israeli attacks, Iran’s Hormuz closed… 40 day ceasefire broken in a few hours! Know what happened within 24 hours
New Delhi: After a long conflict in the Middle East, a 10-point ceasefire agreement was reached between America, Israel and Iran. This agreement came into force after about 40 days of fighting, but within hours of the announcement tensions increased and the ceasefire was in danger.
Declaration of agreement and first breach
As soon as the news of the ceasefire came on Wednesday, there was a wave of happiness in the markets, but by nightfall, Israel started heavy attacks on Lebanon. Commercial and residential areas of Beirut were targeted. About 200 people died and hundreds were injured in these attacks. Israel claims that this agreement is not to stop attacks on Lebanon.
At the same time, Prime Ministers of Iran and Pakistan, Shahbaz Sharif say that Lebanon is also included in the terms of the ceasefire. Iran’s Foreign Minister Abbas Araghchi clearly said that America will have to choose between a ceasefire and Israel’s attacks, both cannot go together.
Iran’s answer: Hormuz closed again
In response to the attacks on Lebanon, Iran once again closed the Strait of Hormuz. Due to this, global oil supply started being threatened. Iran indicated that it may also collect toll from ships passing through this route.
America immediately reacted and demanded opening of Hormuz. White House Press Secretary Carolyn Levitt called this unacceptable and tried to continue peace talks.
attacks on gulf countries
Many Gulf countries were affected by Iran’s retaliatory attacks. The UAE demanded immediate clarity on the terms of the ceasefire and warned that ambiguity could increase instability in the entire region.
Kuwait: Oil plants, power stations and water purification plants were damaged.
United Arab Emirates: Debris from missile attack caught fire in Abu Dhabi, three people injured.
Qatar: Air defense system shot down seven missile-drones.
Saudi Arabia: The pipeline bypassing Hormuz was attacked.
Bahrain: Missiles and drones were reported.
Mourning in Lebanon and impact on markets
Lebanon declared a national day of mourning. All government offices remained closed and flags were flown at half mast. Prime Minister Nawaf Salam talked about making every diplomatic effort to stop the attacks.
On Wednesday, due to the news of ceasefire, the prices of crude oil had fallen by two and a half percent and the stock market (Sensex, Nikkei) had risen, but on Thursday the markets fell due to the news of attacks. The price of Brent crude again increased to around $97 per barrel.
America and Israel’s stance
There is confusion regarding the conditions in America also. Vice President JD Vance says Lebanon is out of the deal. Israeli Prime Minister Benjamin Netanyahu said that the confrontation with Iran will continue if necessary. What happened in the first 24 hours clearly shows that the ceasefire is very fragile. There is hope for peace, but tension is increasing instead of decreasing.
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