Hezbollah Leader: Hezbollah Not Forewarned Of Hamas Attack On Israel

The leader of Lebanon-based and Iran-backed militant group Hezbollah, Hassan Nasrallah, has said, in his first speech since the start of the Israel-Hamas war, that "This decision to launch operation was 100% Palestinian, its owners hid it from everyone."

• Per Reuters translation:
• Nasrallah: "Secrecy of this operation did not upset anyone in the resistance axis."
• Nasrallah: The "al-Aqsa flood battle has extended to more than one front."
• Nasrallah: 'If we want to search for a battle with complete legitimacy, there is no battle like the fight with the Zionists."
• Nasrallah: "This battle is completely Palestinian, for Palestinian people, has no relation to any regional issue."
• Nasrallah's comments appear to track closely with those from Tehran, which while offering general support for Hamas' cause, distance Hezbollah for the conflict and deny any involvement in the planning of the October 7 attack.
• Nasrallah's speech may reduce the risk of the war expanding to include a direct confrontation with Hezbollah - the major tail risk for markets.