A U.S.-mediated ceasefire between Israel and Lebanon, set to commence within 24 hours, has ignited hopes for a broader resolution to the war with Iran, though implementation remains uncertain. Tehran has stipulated a cessation of hostilities in Lebanon as a prerequisite for any peace accord with Washington, previously indicating potential direct intervention against Hezbollah if Israeli attacks persisted. Despite the new agreement, Israel’s Defense Minister indicated continued strikes and no withdrawal from southern Lebanon, while Iran’s Revolutionary Guards commander demanded Israeli withdrawal to pre-war positions. This development follows a recent escalation, including Iranian strikes on Kuwait and U.S. defensive actions near the Strait of Hormuz, a vital oil transit route. Oil prices dipped on the news, and U.S. President Trump suggested potential negotiation progress as early as the upcoming weekend, aiming to decouple the strait's reopening from the Lebanese conflict.