US-Iran Truce Under Pressure: Switzerland postponed planned US-Iran implementation talks after Vice President JD Vance cancelled a trip to Burgenstock, while the White House blamed “logistics” and Iran’s delegation travel remained unconfirmed—raising fresh doubts about the 60-day framework that also aims to reopen the Strait of Hormuz. Lebanon Flashpoint: Israel carried out strikes on Hezbollah targets in southern Lebanon, killing at least 18 people on the Lebanese side and four Israeli soldiers, as Israeli officials signaled they won’t withdraw from a self-declared “security zone,” directly complicating the MoU’s promise of an end to hostilities. Regional Security Tactics: Reuters reported Iran’s IRGC has set up covert Iraqi cells to launch drone attacks on Gulf states hosting US forces, bypassing existing militia networks. EU-Israel Diplomatic Rift: Israel’s foreign minister Gideon Saar cut ties with EU top diplomat Kaja Kallas over an “apartheid” comparison report, escalating tensions as France urged Israel to respect the US-Iran deal ceasefire. Turkey Governance Crackdown: Turkish authorities expanded raids on CHP-run municipalities, detaining dozens in corruption probes and seeking to lift immunity of opposition lawmakers. Social Protection Watch: Israel’s Welfare Ministry said elder fraud cases rose 61% in 2025, with most perpetrators being family members. Energy/Markets Spillover: Analysts said the Iran conflict could boost both EV adoption and oil production, while euro zone bond yields rose as Iran talks were cancelled and ECB policy stayed tough. UK Fiscal Impact: UK borrowing jumped in May, with debt interest costs rising amid the Iran war’s knock-on spending pressures. Business & Trade: Qatar Chamber led a delegation at the 29th Arab-German Business Forum in Berlin, highlighting government-to-business engagement amid shifting regional risk. UN Child Rights: A UN report said violations against children hit a record level last year, with government forces emerging as the main perpetrators for the first time.