An Israeli release, a shipping slowdown and other Mideast news
This article covers recent developments in the Middle East, focusing on Israeli releases of Lebanese civilians, a slowdown in shipping on the Strait of Hormuz, and a spike in fuel prices.
Israel has released four more Lebanese civilians detained by its forces in southern Lebanon, marking a further release of the detained individuals. The detentions occurred in the wake of new fighting with Hezbollah, following a series of attacks by the U.S. and Iran earlier this month.
Ship traffic in the Strait of Hormuz has remained low since renewed U.S. attacks on targets in Iran and Iran's retaliatory actions, including firing at Kuwait. This has had an impact on fuel prices, with diesel reaching a new record high in the U.S. at an average of $5.85 per gallon. The benchmark U.S. crude price also rose above $91 per barrel due to uncertainty surrounding the strait's traffic, which Iran continues to use as leverage after six months of war with the U.S.
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