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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.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.