Go to latestPinned post – 1.12AMMain developmentsWelcome to Need to Know this Saturday, June 20. Here are some of the main developments from overnight. Israel and Hezbollah have agreed to a ceasefire, after fighting in southern Lebanon threatened to derail a peace deal between the United States and Iran.Oil shipments through the Strait of Hormuz picked up on Friday after the US-Iran deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.The European Council president has been rebuked by the leaders of Germany and France after attempting to open a diplomatic channel with Vladimir Putin.