Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Israel, Lebanon extend ceasefire as Trump seeks 'best deal' with Iran
    Headlines

    Israel, Lebanon Extend Ceasefire as Trump Seeks 'best Deal' With Iran

    Published by Global Banking & Finance Review®

    Posted on April 24, 2026

    5 min read

    Last updated: April 24, 2026

    Add as preferred source on Google
    Israel, Lebanon extend ceasefire as Trump seeks 'best deal' with Iran - Headlines news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarketsGeopoliticsMiddle East

    Quick Summary

    Israel and Lebanon extended their Israel–Hezbollah ceasefire by three weeks following White House–mediated talks, even as President Trump reaffirmed a willingness to wait for an “everlasting” deal with Iran. Iran’s new Supreme Leader Mojtaba Khamenei denounced U.S. claims of internal turmoil and rei

    Global Banking & Finance Awards 2026 — Call for Entries

    Table of Contents

    • Ceasefire Developments and Regional Tensions
    • Trump's Approach to Peace Negotiations
    • Iranian Response and Internal Dynamics
    • Iranian Unity
    • Impact on U.S. and NATO Relations
    • Continued Violence and Regional Impact
    • Deadly Week
    • Civilian and Political Consequences

    Israel, Lebanon extend ceasefire as Trump seeks 'best deal' with Iran

    Ceasefire Developments and Regional Tensions

    By Parisa Hafezi and Simon Lewis

    DUBAI/WASHINGTON, April 24 (Reuters) - Israel and Lebanon extended their ceasefire for three weeks at a meeting at the White House brokered by President Donald Trump, who said he was prepared to wait for "the best deal" to end his conflict with Iran.

    Fighting between Israel and Iranian-backed Hezbollah militants in Lebanon has been one of a number of sticking points to resolving the wider eight-week regional conflict, along with Iran's nuclear ambitions and control of the crucial Strait of Hormuz.

    Trump's Approach to Peace Negotiations

    Trump said he was in no rush to reach a peace agreement and wanted it to be "everlasting," while continuing to assert that the U.S. had a clear upper hand in the naval stand-off in the strait.

    A day after Iran flaunted its tightened grip over the key shipping corridor, Trump dismissed the threat posed by Iran's "little wise-guy ships" and said he believed Tehran was hamstrung from making a deal because its leadership was in turmoil.

    On Thursday, he said the U.S. Navy has orders to "shoot and kill" Iranian boats laying mines in the strait and the U.S. could knock out in a day any refurbishing of weapons that Iran may have made during a ceasefire in place since April 8.

    But navigation in the passage remained effectively blocked, and the Iranian capture of two huge cargo ships was a reminder that the U.S. struggles to keep control of the strait and Tehran continued to cause trouble for oil markets and pose major strains to the global economy. 

    Oil prices resumed their rise on Friday as the ceasefire remained shaky with the blockade of the strait unresolved. Brent crude futures jumped more than 1% and U.S. crude also gained 1%.

    Iranian Response and Internal Dynamics

    Iranian Unity

    Iran's use of a swarm of small, fast boats to seize the container ships cast doubts on Trump's suggestions that U.S. forces have disabled its naval threats and underscored Tehran's evolving tactics in the strait as it countered U.S. interception of Iran-linked oil tankers and other vessels.

    Iran's Supreme Leader Ayatollah Mojtaba Khamenei on Thursday rejected Trump's claim of disarray in the leadership, describing it as "the enemy's media operations" to maliciously undermine Iranian unity and security.

    "Unity will become stronger and more solid, and enemies will become weaker and more humiliated," he said in a post on X, as he remained out of the public eye since taking over from his father, the late Ayatollah Ali Khamenei who was killed by U.S. strikes in the early days of the war that began on February 28.

    Impact on U.S. and NATO Relations

    The prolonged conflict has deepened the fissure between the U.S. and NATO, with Trump repeatedly criticising members for failing to support U.S. operations. Washington is now weighing punishing "difficult" countries, such as Spain, according to policy options being reviewed on the bloc, a U.S. official told Reuters.

    The options are detailed in a note expressing frustration at some allies' perceived reluctance or refusal to grant the U.S. access, basing and overflight rights for the Iran war, the official said on the condition of anonymity.

    Trump said this week he would indefinitely extend what had been a two-week ceasefire with Iran to allow for further peace talks, which have yet to be scheduled.

    "Don't rush me," he said when asked how long he was willing to wait for a long-term peace deal. "I want to make the best deal ... I want to have it everlasting."

    He ruled out the use of nuclear weapons, telling reporters they were unnecessary because the U.S. had "decimated" Iran with conventional arms.

    "No, I wouldn't use it. A nuclear weapon should never be allowed to be used by anybody," Trump said when asked by a reporter at the White House.  

    Continued Violence and Regional Impact

    Deadly Week

    Despite the extension of their ceasefire, fighting continued in southern Lebanon as Israeli forces continued to pound the Iranian-backed Hezbollah targets following some of the deadliest days since their earlier deal to halt fighting on April 16.

    The Israeli military said on Thursday it carried out a number of strikes in response, killing three Hezbollah militants and targeting the group's infrastructure that was used to launch the attacks.

    Hezbollah militants continued assault their against Israeli troops in southern Lebanon with rockets and a drone and toward northern Israel with rockets, it said.

    Civilian and Political Consequences

    Those killed by Israeli strikes this week included Lebanese journalist Amal Khalil, according to a senior Lebanese military official and her employer, Al-Akhbar newspaper. 

    Israel has sought to make common cause with Lebanon's government over Hezbollah, which was founded by Iran's Islamic Revolutionary Guard Corps and which Beirut has been seeking to disarm peacefully for the past year.

    The group was not present at the ceasefire talks in Washington.

    Before the announcement in Washington on Thursday, Israel warned it was ready to restart attacks on Iran and was waiting for a "green light" from the U.S. 

    Defense Minister Israel Katz said if it did, it would begin by targeting Khamenei and "return Iran to a dark age."

    (Reporting by Reuters bureaus, Writing by Jack Kim; Editig by Lincoln Feast.)

    Key Takeaways

    • •A 10‑day ceasefire between Israel and Lebanon, effective April 16, was extended by three weeks on April 23, marking the first direct Israel–Lebanon diplomatic engagement in decades (en.wikipedia.org).
    • •Trump emphasized patience in negotiating with Iran, stating he seeks the "best deal" and an "everlasting" agreement, while dismissing Iran’s naval threats in the Strait of Hormuz (apnews.com).
    • •Iran’s new Supreme Leader Mojtaba Khamenei, appointed in March after his father’s death, responded to U.S. assertions of Iranian disarray by underscoring internal unity and rejecting rumors of turmoil (reutersconnect.com).

    References

    • 2026 Israel–Lebanon ceasefire
    • Trump says Lebanon and Israel agree to extend Israel-Hezbollah ceasefire by 3 weeks
    • Iran appoints Mojtaba Khamenei as its new supreme leader | Reuters Connect

    Frequently Asked Questions about Israel, Lebanon extend ceasefire as Trump seeks 'best deal' with Iran

    1Why did Israel and Lebanon extend their ceasefire?

    Israel and Lebanon extended their ceasefire to allow for further peace talks, with the deal brokered by President Trump.

    2How does the conflict affect global oil markets?

    Tensions and blockades in the Strait of Hormuz have caused disruptions and strain on global oil markets.

    3What is President Trump's stance on a peace deal with Iran?

    Trump prefers to wait for the 'best deal' and wants the agreement to be everlasting, not rushing the negotiation process.

    4What role does Hezbollah play in the conflict?

    Hezbollah, an Iranian-backed group in Lebanon, is a major party in the conflict, prompting security concerns and continued fighting despite the ceasefire.

    5How has Iran's leadership responded to US claims of disarray?

    Iran's Supreme Leader Ayatollah Mojtaba Khamenei denied disarray, saying such claims are 'enemy's media operations' aimed at undermining Iranian unity.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Previous Headlines PostExclusive-Pentagon Email Floats Suspending Spain From Nato, Other Steps Over Iran Rift, Source Says
    Next Headlines PostIsrael-Lebanon Ceasefire Extended by Three Weeks, Trump Says
    More from Headlines

    Explore more articles in the Headlines category

    Image for Russian attack on Ukraine's Odesa kills married couple, officials say
    Russian Attack on Ukraine's Odesa Kills Married Couple, Officials Say
    Image for Exclusive-Pentagon email floats suspending Spain from NATO, other steps over Iran rift, source says
    Exclusive-Pentagon Email Floats Suspending Spain From Nato, Other Steps Over Iran Rift, Source Says
    Image for Israel-Lebanon ceasefire extended by three weeks, Trump says
    Israel-Lebanon Ceasefire Extended by Three Weeks, Trump Says
    Image for Trump to invite Russia's Putin to G20 summit in Miami, WaPo reports
    Trump to Invite Russia's Putin to G20 Summit in Miami, WaPo Reports
    Image for Venice Biennale jury excludes Russia and Israel from artist awards as EU threatens funding cut
    Venice Biennale Jury Excludes Russia and Israel From Artist Awards as EU Threatens Funding Cut
    Image for Italian peacekeepers replace crucifix desecrated in south Lebanon
    Italian Peacekeepers Replace Crucifix Desecrated in South Lebanon
    Image for European states accuse Russia of trying to erase memory of Stalin's crimes after monument disappears
    European States Accuse Russia of Trying to Erase Memory of Stalin's Crimes After Monument Disappears
    Image for Pope Leo decries migrants being treated 'worse than house pets'
    Pope Leo Decries Migrants Being Treated 'worse Than House Pets'
    Image for Pope condemns killing of protesters in Iran, reaffirms stance against war
    Pope Condemns Killing of Protesters in Iran, Reaffirms Stance Against War
    Image for Pope Leo signals no plan to go beyond blessings for same-sex couples
    Pope Leo Signals No Plan to Go Beyond Blessings for Same-Sex Couples
    Image for UK's Starmer worried by foreign-backed proxy attacks in Britain
    UK's Starmer Worried by Foreign-Backed Proxy Attacks in Britain
    Image for Mass poisoning suspected as 18 wolves die in Italian national park
    Mass Poisoning Suspected as 18 Wolves Die in Italian National Park
    View All Headlines Posts