Day 112: Renewed Israel-Hezbollah Ceasefire Announced; IDF Sgt. Ben Ari Killed Hours Later; Oil Rises on Postponed Talks

Trump announced a renewed ceasefire between Israel and Hezbollah, facilitated by the US, Qatar, and Iran, effective from June 19. Overnight, IDF Sgt. First Class Nir Ben Ari, 21, was killed fighting Hezbollah in southern Lebanon — illustrating the ceasefire's fragility even as it was declared. Separately, Brent crude rose to ~$80.57/bbl after US-Iran peace talks originally planned in Geneva were abruptly postponed; White House envoys Steve Witkoff and Jared Kushner, plus VP JD Vance, headed to Switzerland for a first round of implementation talks.