By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Hizbollah seeks to draw line under exchange of fire with Israel
News

Hizbollah seeks to draw line under exchange of fire with Israel

News Room
Last updated: 2024/08/26 at 10:48 AM
By News Room
Share
5 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Hizbollah has sought to draw a line under its worst exchange of fire with Israel for nearly two decades, as the region remains on edge.

An uneasy calm held between Israel and Hizbollah on Monday, after the militant group’s leader Hassan Nasrallah said that Lebanese people who had fled their homes in fear of a wider war could return, “take a breath and relax”.

In his comments on Sunday night, Nasrallah described Hizbollah’s attacks on Israel as adequate retaliation for the assassination last month of Fuad Shukr, a senior commander in the group.

But the region is also awaiting retaliation by Iran for the killing soon after of Hamas leader Ismail Haniyeh in Tehran — which the Islamic Republic blames on Israel.

The Iranian government said on Monday that foreign minister Abbas Araghchi had told his Italian counterpart Antonio Tajani the previous day in a phone call that Iran’s response to the Haniyeh’s killing would be “certain, precise and calculated”.

It added that “Araghchi emphasised that, unlike the Zionist regime [Israel], the Islamic Republic of Iran does not seek to escalate tensions, although it is not afraid of them.”

Since taking office last week Araghchi has also spoken to foreign ministers from Saudi Arabia, Egypt, the UK, France, and Germany, while emphasising that Iran’s option to retaliate remains on the table.

The US sent more warships to the region on Sunday in an effort to rein in Iran’s response, while European diplomats have urged Tehran to show restraint.

But in Israel, the presumed thwarting of a huge attack by Hizbollah on what Prime Minister Benjamin Netanyahu described as a “strategic target” in the centre of the country has led to demands that the Israeli premier authorise more aggressive assaults on the Lebanese group.

An Israeli cargo plane in flight
An Israeli cargo plane flies over the coastal city of Netanya, towards northern Israel, on Sunday © Jack Guez/AFP/Getty Images

Benny Gantz, a former military chief of staff and prominent Netanyahu rival, said the Israel Defense Forces needed to shift from “response to initiative”.

Sunday’s exchange of fire began with what Israel described as a pre-emptive strike by more than 100 fighter jets on at least 40 Hizbollah missile and rocket launching sites.

It was followed by a barrage of 340 Hizbollah rockets and a large number of drones aimed at 11 Israeli military sites, the Iran-backed militia claimed.

Casualties on both sides were limited, helping stave off an immediate escalation. One Israeli soldier was killed — by debris from Israeli missile interceptors, according to the country’s ambassador to the US — and two wounded. Three people, all presumed to be militants, were killed in Lebanon.

But at least 70,000 Israeli residents near the border with Lebanon remain displaced 10 months after war erupted with Hamas in the south, with Hizbollah joining in to intensify pressure on Israel’s military.

The US and regional powers maintain that successful talks on a Gaza ceasefire and hostage return would also lower tensions between Israel and Iran as well as Tehran-backed militias such as Hizbollah.

At present the talks in Cairo appear stalled. Hamas said on Sunday night that its delegation had left the Egyptian capital, rejecting a series of changes made to a July 2 US-backed proposal.

“Hamas confirms its readiness to implement what has been agreed on — a permanent ceasefire, a complete withdrawal [of Israeli forces] from the Gaza Strip, the freedom of return of residents [to their homes] and a serious exchange deal,” it said.

Senior Israeli and Qatari officials also departed Cairo, leaving behind “working groups” to continue discussions, a person briefed on talks said.

Netanyahu has repeatedly said that Israel will maintain a military presence along Gaza’s border with Egypt, a condition Hamas has rejected.

Read the full article here

News Room August 26, 2024 August 26, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
LIVE: Fed Chair Jerome Powell delivers remarks at Harvard University

Watch full video on YouTube

Why Wall Street Is Investing In Trading Cards

Watch full video on YouTube

Fidelity International Small Cap Fund Q1 2026 Commentary (FISMX)

Fidelity’s mission is to strengthen the financial well-being of our customers and…

Powell is an expert at making mistakes, but “doesn’t allow” himself the luxury of regrets.

Watch full video on YouTube

How Footwear Companies Are Changing

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Fidelity International Small Cap Fund Q1 2026 Commentary (FISMX)

By News Room
News

Equinor ASA (EQNR) Shareholder/Analyst Call Prepared Remarks Transcript

By News Room
News

Credit Saison Co., Ltd. 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:CSASF) 2026-05-16

By News Room
News

ABN AMRO Stock: Cost Cuts And Capital Returns Support A Buy Rating (OTCMKTS:AAVMY)

By News Room
News

ConocoPhillips: More Upside Given Long-Term Cash Flow Tailwinds (NYSE:COP)

By News Room
News

MaxCyte, Inc. (MXCT) Q1 2026 Earnings Call Transcript

By News Room
News

Draganfly Inc. (DPRO) Q1 2026 Earnings Call Transcript

By News Room
News

Fidelity Blue Chip Growth Fund Q1 2026 Commentary (FBGRX)

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?