Ceasefire Special Edition: Middle East Crisis Update

Report

April 10, 2026

The US–Iran ceasefire has reduced the immediate risk of a wider war, but tensions across the Middle East remain high. A new Sibylline report examines the likelihood of conflict resumption and the implications for regional stability, global trade and energy flows. The assessment highlights Iran’s continued leverage over shipping in the Strait of Hormuz, the risk of escalation linked to Israeli operations in Lebanon, and the potential for disruption from Iran-aligned groups despite the pause in hostilities. With the ceasefire assessed as fragile and key pressure points unresolved, the report sets out what this means for organisations operating across the region.

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