Brent crude down 1.0% intraday at $93.42/bbl.

The Israel Defense Forces said on the 5th it killed Abid Halab, head of Hezbollah’s engineering unit, last week in southern Lebanon. The IDF described Halab as a senior Hezbollah commander who took part in multiple attacks on Israeli forces and said it will continue operations to remove threats to Israel and its soldiers.

IAEA said on June 5 it brokered a temporary local ceasefire between Ukraine and Russia — the sixth since late last year — to permit repairs to transmission lines supplying the Zaporizhzhia nuclear plant. The truce took effect today near the plant; after large-scale demining in the coming days technicians will begin restoring the war-damaged Dnieperovskaya 750 kV high-voltage transmission line, the agency said. The operation aims to secure critical power supply and prevent the threat of a nuclear accident.