Following the midnight implementation of a 10-day ceasefire, President Donald Trump has called on Hezbollah to maintain discipline, suggesting the moment offers a "great opportunity" for the group. While thousands of displaced Lebanese return to their homes, the truce remains precarious amid reports of minor violations and Israel's continued 10km "security zone" presence.

In a significant diplomatic move, President Donald Trump has announced that leaders from Israel and Lebanon will hold direct talks this Thursday. Marking the first such high-level contact in over three decades, the discussions aim to de-escalate tensions and explore a security framework independent of the ongoing conflict with Iran.

A massive fire at the Geelong oil refinery has crippled two gasoline production units, adding pressure to Australia's already strained fuel market. With the facility providing 50% of Victoria's fuel, Energy Minister Chris Bowen warns of heightened supply challenges linked to the ongoing Middle East conflict.

In a major military escalation, the Trump administration is deploying over 10,000 additional personnel to the Middle East. With the USS George H.W. Bush strike group and Marine Expeditionary Units arriving, Washington is signaling its readiness for military action if ceasefire negotiations fail to produce a new nuclear deal.

The IMF has slashed its 2026 global growth forecast as the U.S.-Iran conflict disrupts trade. With inflation projected to hit 4.4%, the world faces a high-stakes economic slowdown.