Israel and Iran traded fire on Monday, all but derailing a brittle two-month ceasefire that had largely stopped the fighting.

DUBAI, June 8 (Reuters) - ⁠Tehran ⁠will ⁠turn the naval blockade ​established by the United ‌States into another ‌defeat for ⁠the "enemy", ⁠Iran's top negotiator Mohammad Baqer Qalibaf ​said in a message posted on his ​Telegram channel on Monday.

Iran has warned that it will resume attacks if Israel continues striking Lebanon, but Israeli leaders on Monday insisted they would not be deterred. View on euronews

Iran’s Revolutionary Guards Corps signaled that it had concluded its latest military operation against Israel. Prime Minister Benjamin Netanyahu pulled back from preparations for another attack after pushback from President Trump,

The web of fractious alliances and dysfunctional ceasefires shows how destabilised the region remains.

Iran's military said that it would stop offensive operations but warned of more severe attacks if Israel continued to strike Lebanon.

President Trump is grappling with his own version of the sort of Middle East crisis that beset his predecessors, and that he promised to avoid.

Iran launched ballistic missiles at Israel on June 7, the Israeli military said, marking the first such attack since the early April ceasefire.

Israel and Iran exchanged strikes late Sunday and early Monday, marking the biggest escalation in direct fighting since the U.S.-Iran cease-fire took hold in April.

US treasury secretary Scott Bessent told the Reagan National Economic Forum on May 29 that the US had seized about $1 billion in Iran's crypto holdings.