Oil flowing through the strait, says Vance, but Israeli strikes in Lebanon raise doubts over peace

Highlights

• Israel engaged in 'stubborn negotiations' with Washington to preserve mission in Lebanon
• Vance: Iran won't have missiles that can threaten the 'entire world'
• Displaced Lebanese say war there has not ended

Some 12.5 million barrels of crude sailed through the Strait of Hormuz overnight, US Vice President JD Vance said on Thursday, hours after Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies.

But in Lebanon, where ​more than a million people are displaced by the fighting, Israeli forces launched fresh airstrikes early on Thursday, raising doubt about how far Trump will go to force his wartime allies to halt an offensive ‌he has now pledged to end.

The US president put his signature on Wednesday on the "memorandum of understanding" to end the war, as did Iran's President Masoud Pezeshkian, bringing it into effect two days earlier than previously expected. It calls for the immediate opening of the Strait of Hormuz and lifting of a US blockade of Iran's ports.

Vance, who will represent the United States at a formal ceremony in Switzerland on Friday to confirm the interim accord, said the United States expected Tehran would not have missiles that can "broadly threaten the entire world" as part of ​the deal agreed with Washington.

He said Thursday marked the start of the 60-day negotiation period to reach a final settlement to the war, which Trump launched in February alongside Israeli Prime Minister Benjamin Netanyahu.

Shippers say it ​will still take time for transit across the strait to reach pre-war levels, with a need yet to ensure safe access and clear mines.

Markets responded quickly to the news. Benchmark ⁠Brent crude futures prices fell by another 2% to below $78 a barrel, the lowest since the shooting began on February 28.

MEMORANDUM EXPLICITLY CALLS FOR END OF WAR IN LEBANON

But Israel, which launched an invasion of Lebanon in March and has ​since seized a large swathe of the south in pursuit of Hezbollah militants who opened fire across the border in support of Iran, was excluded from the negotiations.

Iran has always said any peace deal must also cover Lebanon. In an apparent major ​concession to Iran, the memorandum signed by Trump explicitly calls for the "permanent termination" of the war in Lebanon and for its "territorial integrity and sovereignty" to be ensured.

With Lebanon among the peace effort's most delicate issues, Trump in recent days has become openly critical of his ally's operations there, accusing Israel of unnecessarily destroying entire buildings to hit Hezbollah fighters.

Israel has said it has no intention of withdrawing from Lebanon, whatever Trump negotiates. It released a new map on Thursday showing an expanded southern area occupied by its troops, which it describes as a ​buffer zone.

Vance told reporters one goal of the deal with Iran was to allow the Lebanese authorities to police the south of the country.
"What we want to see is the Lebanese government, the elected representatives of the people of Lebanon, who ​are able to police southern Lebanon, so that Hezbollah has not taken over the country, the Israelis are not threatened, and then consequently the Israelis are not attacking southern Lebanon or Beirut either," he said.

Two Israeli officials, including a senior official close to Netanyahu, told ‌Reuters Israel was ⁠holding negotiations with the United States to keep Israeli troops in Lebanon.

The senior official described those talks with Washington as "stubborn" and said Israel would not back down. The other official said the outcome would depend on whether Trump "decides to force the issue" by threatening repercussions on Israel.

While fighting in Lebanon tamped down at the start of this week when Trump first announced the deal had been reached, it has ticked up again over the past few days, and continued on Thursday morning after Trump's signature.

Lebanese state news agency NNA said three people were killed in Israeli airstrikes on the southern Lebanese towns of Kfartebnit and Zebdine on Thursday. Reuters reporters heard an Israeli drone flying low over Beirut and its southern suburbs.

'IN LEBANON IT'S NOT ​OVER YET', SAYS DISPLACED LEBANESE MAN

"Iran and the Americans are ​done. Fine. In Lebanon it's not over yet," said ⁠Mohammed Doghman, a man displaced from the southern city of Nabatieh to Beirut, who was sitting outside his tent on Thursday, squinting hard at his phone to read the news.

"They should give us a final answer: has the war ended for good, or will we return to it again?"

In Qlailieh, in southern Lebanon near the port of Tyre, a few displaced ​residents had ventured back to survey the ruins of their homes, flattened into piles of concrete rubble that many compared to Gaza.

Netanyahu has boasted for years of a particularly ​close relationship with Trump, which ultimately ⁠yielded the joint decision to wage war on Iran this year.

But Trump's apparent shift over Lebanon has abruptly given rise to one of the biggest rifts in US-Israeli relations in decades.

"Soon, Israel may be forced to choose: Either keep up the military pressure and lose Trump's diplomatic support, or stay on his good side — but only by ending, or scaling back, the conflict that many see as the country's most urgent fight," the Times of Israel wrote on Thursday.

When Trump launched the war nearly four months ago, he ⁠said his aims ​were to destroy Iran's nuclear programme, end its ability to strike its neighbours, prevent it from supporting allied militants in the region and make ​it possible for Iranians to topple their hardline leaders.

Though he initially demanded Iran's "unconditional surrender", Trump ultimately signed the agreement with none of those objectives met.

US officials say the upcoming negotiations could still yield a strong agreement on Iran's nuclear programme, but his critics, including some hawks in his own party, ​say Iran is in a stronger position now than before the war, having withstood a superpower attack, exerted control of the strait and gained valuable waivers to financial sanctions.