Israel has launched a series of military strikes against Hezbollah's financial infrastructure in Lebanon, aiming to weaken the group's funding capabilities. The campaign has predominantly targeted Al-Qard Al-Hassan, an organisation with extensive banking operations linked to Hezbollah. This entity, considered a crucial financial arm of Hezbollah, operates through numerous branches across Lebanon, including densely populated areas in Beirut.
The Israeli military claims to have discovered significant amounts of cash and gold during these operations. These strikes are part of a broader effort to curtail Hezbollah's military activities, which Israel views as supported by Iran. The conflict with Hezbollah is occurring amid ongoing tensions with Hamas in Gaza, further complicating the regional landscape.
These military actions have resulted in significant civilian disruptions in Lebanon, with evacuations and traffic chaos in Beirut as residents flee the targeted areas. The strikes have also drawn criticism for their impact on civilian infrastructure and the risk of escalating into a wider regional conflict.
In response, Hezbollah has fired rockets into Israel, intensifying the conflict. Amid the violence, diplomatic efforts are underway, with US envoy Amos Hochstein engaging Lebanese officials in pursuit of a ceasefire. However, achieving a resolution remains challenging as both sides continue to engage in hostilities.
This escalation highlights the fragile nature of peace in the region, with international observers calling for restraint to prevent further humanitarian crises. The situation remains tense, with potential ramifications for broader Middle Eastern stability.
