New strikes threaten ceasefires in Iran, Lebanon
A photograph taken from the Tyre region of southern Lebanon shows smoke rising from the site of Israeli airstrikes that targeted the village of Rmadiyeh in the Tyre district of southern Lebanon on May 26, 2026.(AFP)
Tehran on May 26 accused Washington of breaching their ceasefire and warned it was ready to retaliate after overnight U.S. strikes, while Israeli bombardment in Lebanon left dozens dead, threatening an increasingly fragile truce there.
The Brent benchmark oil price jumped up by more than three percent after U.S. Central Command (CENTCOM) announced the new wave of bombings targeting Iranian missile sites and mine-laying boats, while China urged both sides to respect the truce and to resolve their dispute peacefully.
Iranian state media reported overnight blasts in the southern port city of Bandar Abbas, near the Strait of Hormuz, and the country's Revolutionary Guards said its forces had downed a U.S. drone entering its airspace and had fired at an F-35 fighter jet.
