$re = '/<iframe.*src=\".*embed\/(.*?)\".*?<\/iframe>/';
$str = '<iframe width="560" height="315" src="https://www.youtube.com/embed/ED96RtfF22E" frameborder="0 "allowfullscreen> </iframe>';
$subst = "[YT]\1[/YT]";
$result = preg_replace($re, $subst, $str);
echo "The result of the substitution is ".$result;
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php