December 03, 2024 10:55 GMT
Def Min-No Exemption For Lebanon If Ceasefire Collapses
ISRAEL
EM Bulletmarkets-real-timeHomepagePolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsEmerging Market NewsStoryMiddle East
Speaking on a visit to the northern border, Defence Minister Israel Katz threatens a significant increase in military activity if the Israel-Hezbollah ceasefire breaks down. Katz claims that until now, the Israeli Defence Forces have treated Lebanon and Hezbollah as two different entities, only targeting the latter. Katz: "If the ceasefire collapses - there will no longer be an exemption for the state of Lebanon; We will enforce the agreement with maximum response and zero tolerance; If until now we have separated Lebanon and Hezbollah - it will not be anymore."
- Katz says that the Lebanese army must 'enforce the ceasefire and keep Hezbollah away from the Litani River (the boundary agreed in the ceasefire below which Hezbollah cannot operate)'.
- Exchanges of fire from both the IDF and Hezbollah have raised concerns that the ceasefire could collapse at short notice (see 'SECURITY: 'IDF Will Attack Strongly Amid Ceasefire Violations In Lebanon, Halevi' 1841GMT 2 Dec).
- Post-ceasefire, market focus on the security situation in Lebanon has waned as fears of a direct Israel-Iran conflict that could disrupt the region have receded.
- However, the prospect of a resumption and even broadening of the Israel-Hezbollah conflict at a time when Iran's ally in Syria President Bashar al-Assad is facing a resurgence in the Civil War there, and when US President-elect Donald Trump threatens Hamas with "hell to pay" if they do not release the hostages in Gaza, the potential for a more disruptive regional conflict remains present.
243 words