Middle East ceasefire in serious doubt as Israel assaults Lebanon and Iran blocks oil tankers

 

Middle East ceasefire in serious doubt as Israel assaults Lebanon and Iran blocks oil tankers

The fate of the two-week ceasefire in the Iran conflict looked uncertain on Wednesday as both sides gave divergent versions of what had been agreed, Israel intensified its bombing campaign in Lebanon and Iran halted the passage of oil tankers because of an alleged Israeli ceasefire breach.

Iran and Pakistan, which brokered the 11th-hour truce, both asserted that the ceasefire included Lebanon. Israel’s prime minister, Benjamin Netanyahu, disagreed and Israeli forces unleashed their heaviest attack of the war so far on more than 100 targets and killing at least 254 people.

Iran’s Fars news agency said oil tankers passing through the strait of Hormuz had been stopped as a result of Israel’s “ceasefire breach”. Iran was due to have reopened the strait during the two weeks of the ceasefire, and the oil price had dropped sharply below $100 a barrel in the hours after the truce was announced, prompting a global stock market surge.

The news did not bring any immediate relief for the hundreds of laden tankers trapped in the Gulf by the conflict, which were awaiting approval from insurers before beginning to move and reported continued interference with their satellite navigation systems.

Meanwhile, the United Arab Emirates claimed its air defences had intercepted 17 ballistic missiles and 35 drones, apparently fired by Iran over the course of the day after the ceasefire announcement. Iran was also reported to have attacked a Saudi oil pipeline to the Red Sea hours after the truce was announced.

Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed on Wednesday to have struck several targets across the region with missiles and drones, including what the IRGC said were oil facilities of US companies in Yanbu, the Saudi Red Sea port and pipeline terminal.