
Israeli strike kills alleged Hezbollah financier in south Lebanon
The Israeli army says it has killed the head of a currency exchange store who operated with Hezbollah to funnel funds to the group.
The targeted strike on a vehicle in southern Lebanon came amid an intensified wave of Israeli attacks north of the Litani river in what appears to be a widening campaign against Hezbollah infrastructure.
The militant group said Haytham Abdullah Bakr and his two sons, who were in the car struck when it was in the southern village of Kfardjal on Tuesday, were members.
'The IDF eliminated the head of the 'Al Sadiq' currency exchange,' the Israeli army statement said, describing the company as 'a funds storage and transfer mechanism' for Hezbollah from the Quds Force, a branch of Iran's Revolutionary Guard Corps.
It said the assassination was 'a severe blow to the Iranian financing routes to Hezbollah'.
The attack was the latest in a series of near-daily breaches by Israel of a US-brokered ceasefire between it and Hezbollah that ended 14 months of fighting in November.
Israeli air strikes on Monday targeted several towns north of the Litani, including Zrariyeh, Kfar Melki, Mahmoudiyah, Al Hatta, Ansar, Al Bisariya and Al Wardiya, according to Lebanon's state-run National News Agency. The attacks caused fires but no casualties.
Hezbollah has largely withdrawn its forces from south of the Litani, in line with the US-brokered ceasefire, Lebanese authorities have told The National.
The agreement requires the Lebanese state to disarm and dismantle Hezbollah infrastructure and military positions 'starting with the southern Litani area' within 60 days – but it did not set a timeline for dismantling the group's positions north of the river, which runs roughly parallel to the southern border with Israel, about 30km away.
Despite the truce, Israel continues to bomb south Lebanon daily and to occupy five points of Lebanese territory.
Hezbollah, politically and militarily constrained after significant losses in its war with Israel, has shown no indication that it intends to retaliate.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
3 hours ago
- Zawya
World Bank approves $250mln for Lebanon to rebuild war-hit infrastructure
BEIRUT - The World Bank has approved $250 million in financing for Lebanon to aid in the reconstruction of critical public infrastructure and the management of rubble in areas affected by the war, the organisation said on Wednesday. (Reporting by Jana Choukeir and Maya Gebeily; Editing by Alison Williams)


The National
a day ago
- The National
Israeli strike kills alleged Hezbollah financier in south Lebanon
The Israeli army says it has killed the head of a currency exchange store who operated with Hezbollah to funnel funds to the group. The targeted strike on a vehicle in southern Lebanon came amid an intensified wave of Israeli attacks north of the Litani river in what appears to be a widening campaign against Hezbollah infrastructure. The militant group said Haytham Abdullah Bakr and his two sons, who were in the car struck when it was in the southern village of Kfardjal on Tuesday, were members. 'The IDF eliminated the head of the 'Al Sadiq' currency exchange,' the Israeli army statement said, describing the company as 'a funds storage and transfer mechanism' for Hezbollah from the Quds Force, a branch of Iran's Revolutionary Guard Corps. It said the assassination was 'a severe blow to the Iranian financing routes to Hezbollah'. The attack was the latest in a series of near-daily breaches by Israel of a US-brokered ceasefire between it and Hezbollah that ended 14 months of fighting in November. Israeli air strikes on Monday targeted several towns north of the Litani, including Zrariyeh, Kfar Melki, Mahmoudiyah, Al Hatta, Ansar, Al Bisariya and Al Wardiya, according to Lebanon's state-run National News Agency. The attacks caused fires but no casualties. Hezbollah has largely withdrawn its forces from south of the Litani, in line with the US-brokered ceasefire, Lebanese authorities have told The National. The agreement requires the Lebanese state to disarm and dismantle Hezbollah infrastructure and military positions 'starting with the southern Litani area' within 60 days – but it did not set a timeline for dismantling the group's positions north of the river, which runs roughly parallel to the southern border with Israel, about 30km away. Despite the truce, Israel continues to bomb south Lebanon daily and to occupy five points of Lebanese territory. Hezbollah, politically and militarily constrained after significant losses in its war with Israel, has shown no indication that it intends to retaliate.


Khaleej Times
a day ago
- Khaleej Times
Israeli army says seven soldiers killed in Gaza combat
Israel's army on Wednesday said seven of its soldiers were killed in combat in Gaza, where the war with Palestinian militant group Hamas continued. It added that a seventh soldier was also killed, but his family had not given permission for him to be named. Meanwhile, Israel's Prime Minister Benjamin Netanyahu said it was a "very difficult day" on Wednesday after seven soldiers were killed in combat in Gaza. "It is a very difficult day for the people of Israel," Netanyahu wrote on X. "Our heroic combattants fell in the battle to defeat Hamas and free our hostages in the south of the Gaza Strip." More than 430 Israeli soldiers have died in the war, triggered by Hamas' October 7, 2023 attack on Israel. The attack resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on official figures. The militants also seized 251 hostages -- 49 are still held in Gaza, including 27 the Israeli military says are dead. Israel's retaliatory military campaign has killed at least 56,077 people, also mostly civilians, according to the Gaza health ministry. The United Nations considers its figures reliable. The territory of more than two million people is suffering from famine-like conditions after Israel blocked all supplies from early March to the end of May and continues to impose restrictions, according to rights groups. After Israel agreed to a ceasefire with Iran on Tuesday, Israel's military chief Eyal Zamir said focus would now shift back to Gaza.