Associated Press

President Trump suspended Project Freedom naval escorts in the Strait of Hormuz on Wednesday, citing “great progress” toward a US-Iran agreement, while Hezbollah explosive drones wounded three Israeli soldiers in southern Lebanon and the IDF struck 25 Hezbollah targets. A Washington Post satellite analysis revealed Iranian strikes have damaged or destroyed at least 228 US military assets across 15 Middle East bases, far exceeding official US acknowledgments. A joint World Bank-UN-EU report priced Gaza reconstruction at $71 billion.

President Trump expressed doubt that Iran's 14-point peace proposal is acceptable, warning strikes could resume, while Israeli airstrikes killed at least 13 in southern Lebanon and the IDF issued evacuation orders for 11 towns. The US fast-tracked $8.6 billion in arms sales to Middle East allies, and Spain demanded the release of a Spanish activist detained from a Gaza aid flotilla.

Hezbollah launched multiple rocket and drone attacks on Israeli forces in southern Lebanon on May 2, with no IDF casualties reported, while the IDF struck over 70 military structures and 50 Hezbollah infrastructure sites in the past day. The US announced the withdrawal of 5,000 troops from Germany amid a diplomatic rift over the Iran war, and Spain demanded the release of a citizen detained during an Israeli raid on a Gaza-bound aid flotilla. A senior Iranian official warned that conflict with the US is 'likely' to restart after President Trump rejected Tehran's latest proposal.

Hezbollah launched multiple rocket and drone attacks on Israeli forces in southern Lebanon on May 2, with no IDF injuries reported. The IDF struck over 50 Hezbollah targets since Friday, killing at least 13 in southern Lebanon. The US announced the withdrawal of 5,000 troops from Germany amid a diplomatic spat over the Iran war, while China urged the UN to reverse the termination of UNIFIL's mandate in Lebanon.

President Trump rejected Iran's latest peace proposal, saying he is 'not satisfied' and is considering the option to 'blast the hell out of' Iran if talks fail. The rejection came as the White House notified Congress that hostilities with Iran have 'terminated,' a claim disputed by ongoing Israeli strikes in Lebanon and a collapsed Strait of Hormuz transit. Hezbollah drone attacks wounded four Israeli troops, prompting the IDF to tighten security restrictions in northern Israel and issue evacuation orders for a south Lebanon town. The US approved $8.6 billion in arms sales to Israel and Gulf allies, and the Pentagon announced the withdrawal of 5,000 troops from Germany amid tensions with European allies over the Iran war.

Hezbollah conducted 10 attacks against Israeli forces in southern Lebanon on April 30, the highest single-day total since the April 16 ceasefire, killing one IDF soldier and wounding two others. The escalation coincided with a US War Powers Resolution deadline on May 1 requiring congressional authorization for the Iran conflict, which the Trump administration argues is paused by the ceasefire. Israeli strikes in Lebanon killed at least 15 people, including a Lebanese Army soldier and his family, while the IDF reduced artillery fire in Gaza under US pressure. The UK raised its terror threat level to 'severe' after an antisemitic stabbing in London, and the US delivered 6,500 tons of military equipment to Israel.

President Trump threatened Iran to 'get smart soon' and is reportedly preparing for an extended naval blockade, while Hezbollah launched rockets at the Galilee and claimed drone strikes on IDF tanks in Qantara. The IDF killed a senior Hamas intelligence operative in Gaza, and the UAE's OPEC exit continued to reshape energy markets.

The UAE announced it will leave OPEC effective May 1, fracturing the oil cartel amid the Hormuz crisis, while the IDF demolished two vast Hezbollah attack tunnels in southern Lebanon built with direct Iranian guidance. Hezbollah launched coordinated drone strikes on IDF positions, and Lebanese Army soldiers were injured in an Israeli airstrike during a rescue operation.

An IDF soldier was severely wounded and another lightly injured in a Hezbollah explosive drone attack in southern Lebanon, amid a US rejection of Iran's proposal to reopen the Strait of Hormuz without addressing its nuclear program.

Trump announced an open-ended ceasefire extension hours before the Wednesday deadline, conditioned on Iran producing a 'unified proposal,' while explicitly maintaining the naval blockade of Hormuz. Simultaneously, Hezbollah launched rockets and drones at an IDF position in Kfar Giladi — the first confirmed kinetic exchange on the Lebanon front since the prior SITREP — and the US issued fresh sanctions on 14 Iran-linked arms entities.