By Tim Cooper, Bill Sokolis EXECUTIVE SUMMARY * ISRAEL-LEBANON: Israel Strikes Lebanon as US Preps Fresh Iran Sanctions Package (Bloomberg): #3d35da54-5048-4529-959f-90bfeaa28aaf * U.S.-Iran ceasefire set to expire with talks at a standstill (Politico): #170ec9dd-da90-4abc-8c2a-f017041e8def * Trump says will 'soon' declare Hormuz strait US territory (AFP): #f62b53f5-4609-40dd-af62-d5906d6d79c4 * Fed's Goolsbee Wants to See More Evidence of Cooling Inflation (Bloomberg):...