Economy

Israel attacks Lebanon; Hormuz still shut as Vance heads to first US-Iran talks

Asia / Israel2 views1 min
Israel attacks Lebanon; Hormuz still shut as Vance heads to first US-Iran talks

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Israel has launched fresh attacks on Lebanon, despite a ceasefire deal with Iran, while the Strait of Hormuz remains closed, disrupting global energy supplies. US Vice-President J.D. Vance is set to lead peace talks with Iran in Pakistan, aiming for a positive outcome to end the war and reopen the strait.

The Strait of Hormuz remains closed, causing a major disruption to global energy supplies. Israel has launched fresh attacks on Lebanon, killing over 250 people. The US and Iran are set to hold peace talks in Pakistan, led by Vice-President J.D. Vance. The talks aim to end the war and reopen the strait. The conflict has fed inflation and slowed the global economy. The US has reported a near four-year high in inflation, with consumer prices rising by 0.9% in March.

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