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Tugboat Daily Brief - Iran-Israel Conflict - 2026-05-31

Israel resumed heavy bombardment in southern Lebanon and launched a ground offensive across the Litani River, shattering the US-brokered ceasefire. Concurrently, the IRGC expanded control over the Strait of Hormuz while global markets reacted with rising gold prices and stable oil costs.

Key Developments

Israel resumed heavy bombardment in southern Lebanon and launched a ground offensive across the Litani River, violating the US-brokered ceasefire.

The IRGC Navy expanded its operational control over the Strait of Hormuz to transform economic warfare into active retaliation.

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