Tensions Escalate: Israeli Strikes on Hezbollah's Financial Network in Lebanon

Israeli strikes targeted Al-Qard Al-Hassan branches, a Hezbollah-run financial institution in Lebanon, intensifying the conflict. Israel claims these branches fund Hezbollah's military. Despite no casualties, major devastation occurred. The U.S. seeks diplomatic solutions amidst ongoing tensions, with efforts complicated by the broader regional conflict involving Gaza and Hamas.


Devdiscourse News Desk | Beirut | Updated: 21-10-2024 17:58 IST | Created: 21-10-2024 17:58 IST
Tensions Escalate: Israeli Strikes on Hezbollah's Financial Network in Lebanon
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  • Country:
  • Lebanon

Israeli airstrikes on Monday targeted several branches of the Hezbollah-run financial institution, Al-Qard Al-Hassan, in Lebanon. The strikes, aimed at halting Hezbollah's financial resources, have caused significant devastation but no reported casualties.

This escalation in conflict comes as Israel continues its military operations in Lebanon, following a series of attacks by Hezbollah. The United States attempts to mediate a ceasefire, even as tensions remain high in both Lebanon and the broader region.

The situation is further complicated by recent developments in Gaza, where Israeli forces are engaged in ongoing military operations against Hamas. The involvement of various regional players underlines the complexity of achieving peace amidst widespread instability.

(With inputs from agencies.)

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