Israel’s defense minister says that if the shaky ceasefire with Hezbollah collapses, Israel will widen its strikes and target the Lebanese state itself.

Josep Borrell, the outgoing EU foreign policy chief, called for increased pressure on Israel to blunt extremists in the government who are refusing to accept the deal. Speaking on the sidelines of a Group of Seven meeting in Italy, Borrell warned that if a ceasefire is not implemented, “Lebanon will fall apart.”

Israel has agreed to a ceasefire with Hezbollah in Lebanon that will take effect at 4 a.m. Wednesday. Moments after U.S. President Joe Biden announced the ceasefire deal, which Israel's Cabinet approved late Tuesday,

Oil prices rose on Tuesday, steadying after falling more than $2 a barrel in the previous session on reports of a potential ceasefire between Israel and Lebanon's Hezbollah. Brent crude futures were up 53 cents,

Hamas expresses support for Lebanon's ceasefire with Israel and hopes for a similar resolution in Gaza. Despite international mediation attempts, efforts to end the Gaza conflict have stalled. Hamas blames Israeli leadership for failed negotiations while calling for conditions including troop withdrawal and a hostage-prisoner swap to be met.

The Israeli ambassador to Washington says a ceasefire deal to end fighting between Israel and Lebanon-based Hezbollah militants could be reached “within days.”