flows

Tensions are mounting around a fragile two-week ceasefire between the US and Iran, with Washington accusing Tehran of failing to honour commitments on the Strait of Hormuz and Israel launching strikes on Lebanon that Iran says breach the truce. There was still no indication that Iran intended to ease its near-total blockade of the strait, a choke point that has triggered the most severe disruption ever seen in global energy supplies. Iran pointed to Israel's continuing assault on Lebanon, including what were described as the…