Middle East Escalation: Israel struck Beirut’s southern suburbs despite a US-brokered Lebanon ceasefire, killing two and wounding 20, and Iran retaliated by launching missiles at Israel—the first such barrage since April—raising fears the fragile truce is collapsing. Ceasefire Fallout: Iran’s parliament speaker warned US bases and Israeli assets are “legitimate targets,” while Hezbollah has rejected the Lebanon deal, keeping mediation efforts in limbo. West Bank Violence: A seven-month-old Palestinian baby was killed and his parents wounded after Israeli troops fired at a car near Hebron; Israel opened a military police criminal investigation. Security on the Home Front: A Palestinian citizen of Israel carried out a multi-site shooting in central Israel near the West Bank border, killing one and wounding five before police killed the attacker and arrested a suspected accomplice. Sanctions & Diplomacy: European countries, including France, are preparing new national sanctions tied to West Bank settler violence, as EU-level consensus stalls. FX & Economy: The Bank of Israel bought $801m in May to slow a sharp shekel rise, responding to exporter concerns. Business/Industry: Netafim’s Nefatim unit inaugurated a major precision-agriculture factory in Mexico, aiming to expand supply and create about 200 jobs.