Israel-Iran war LIVE: Peace talks stall after Hezbollah rejects truce
Here's a conflict that keeps showing up, so let's keep it straight. Peace talks in the Israel Iran war have stalled after Hezbollah's chief rejected a conditional truce, demanding a full Israeli withdrawal from Lebanon instead. Oil prices rose again after an explosion suspended loadings at Oman's Mina al Fahal terminal. So why does this matter to you? India imports most of its crude through the region, so any disruption near the Strait of Hormuz hits energy security and the rupee. For your CLAT prep, just remember Hezbollah, the stalled Lebanon ceasefire, and how West Asia tensions push up oil prices that India depends on.
A woman holds a Hezbollah flag during a rally in support of Iran's Supreme Leader, Mojtaba Khamenei, in Tehran, Iran, on June 4, 2026.
Hezbollah’s chief on Thursday (June 4, 2026)rejected a conditional truceannounced by Lebanese and Israeli envoys, demanding a comprehensive ceasefire and full Israeli withdrawal instead as he threatened northern Israel with new attacks.
Naim Qassem’s message came after Lebanese and Israeli representatives in the United States agreed to a conditional ceasefire that Lebanon’s President called the “last chance” for a durable end to the fighting.
Hezbollah has rejected the Israel-Lebanon talks, while a previous ceasefire announced on April 17 has been breached daily, with Israeli troops deployed deep inside Lebanese territory and the Iran-backed militants continuing to attack Israel.
Oil prices rose on Friday (June 5, 2026), paring sharp losses from the previous session, after Hezbollah rejected a new Lebanon ceasefire proposal and Oman’s Mina al Fahal terminal suspended oil loadings following an explosion.
Brent crude futures rose 33 cents, or 0.35%, to $95.36 a barrel by 0408 GMT after settling down 2.84% in the previous session.
U.S. West Texas Intermediate crude was at $93.06 a barrel, up 2 cents, or 0.02%, following a 3.1% loss on Thursday.
Both contracts are set to post their first weekly gain in three weeks, with WTI up more than 6%, after fighting flared up in the Middle East as U.S.-Iran war peace talks dragged on while traffic in the Strait of Hormuz, where a fifth of the world’s oil passes, remained limited.
Reutersreported on Friday (June 5, 2026) that Oman’s Mina al Fahal terminal has suspended oil loading following an explosion near its single-buoy mooring (SBM) berths due to an alleged drone attack.
Analysts have also flagged concerns of falling oil inventories globally that could cause a price spike in the third quarter. --Reuters
India has condemned the attack on UN peacekeepers in Lebanon that killed a Serbian Blue Helmet and injured two others, and called for an immediate and thorough investigation to bring the perpetrators to justice.
Sergeant Milovan Jovanovic, a Serbian peacekeeper serving with the United Nations Interim Force in Lebanon (UNIFIL), was killed when a mortar struck a UN position near Marji’yun in Sector East of the mission’s area of operations on Wednesday.
Two other peacekeepers from Spain and El Salvador were injured and are undergoing treatment at a UNIFIL medical facility in south Lebanon, the UN said.
“Our sincere condolences to Serbia and to the family of the Serbian Blue Helmet of UNIFIL who was killed in this deplorable attack,” India’s Permanent Representative to the United Nations Ambassador Harish Parvathaneni said in a social media post on Thursday.
Blue Helmets refers to military personnel, police officers, and civilian experts serving under the operational command of the United Nations peacekeeping forces.
The envoy also wished a swift recovery to the injured peacekeepers and stressed that the international community “must come together to ensure the safety and security of UN peacekeepers” operating under UN Security Council mandates. --PTI
Oman’s Mina al Fahal terminal has suspended oil loading following an explosion near its single-buoy mooring (SBM) berths, two people familiar with the matter said on Friday (June 5, 2026).
The explosion occurred between SBM 1 and 2 berths due to an alleged drone attack, they said.
It was not immediately clear when the attack took place.
Several supertankers were seen anchored off the port on Friday (June 5, 2026), shipping data from LSEG showed. The terminal could not be immediately reached for comment outside office hours.
The UN nuclear watchdog has been unable to inspect nuclear facilities in Iran affected by the war last June, according to a confidential report by the UN nuclear watchdog circulated to member states.
The International Atomic Energy Agency reported that it “cannot provide any information on the current size, composition or whereabouts of the stockpile of enriched uranium in Iran or whether Iran has suspended all enrichment-related activities.”
The IAEA warned that it was “unable to discharge its safeguards responsibilities” that it has under the Safeguards Agreement of the Nuclear Non-Proliferation Treaty, adding that it is “indispensable and urgent” for Tehran to implement its obligations under that Treaty.
Hezbollah’s chief on Thursday (June 4, 2026) rejected a conditional truce announced by Lebanese and Israeli envoys, demanding a comprehensive ceasefire and full Israeli withdrawal instead as he threatened northern Israel with new attacks.
Naim Qassem’s message came after Lebanese and Israeli representatives in the United States agreed to a conditional ceasefire that Lebanon’s President called the “last chance” for a durable end to the fighting.
Catch all Iran-Israel war live updates on June 5 2026, as Hezbollah rejects the truce