Israel-Iran Ceasefire Fails After Trump-Brokered Deal

A ceasefire between Israel and Iran, brokered by US President Donald Trump, quickly unraveled as both sides accused each other of violating the agreement. Israel reported casualties in Beersheba from alleged Iranian missile fire and responded with strikes on targets in Tehran, ordered by Israeli Defense Minister Israel Katz. Iran denied launching missiles after the ceasefire was announced and insisted there was no formal agreement, warning of further retaliation if Israeli attacks persisted. Israel claimed to have neutralized nuclear and missile threats, while Iran challenged these assertions. The renewed conflict has reignited focus on unresolved issues, including hostages in Gaza and the humanitarian impact. Despite the volatility, European financial markets initially reacted positively to ceasefire hopes.