Hezbollah Caught Off Guard by Israeli Attack, Plunging Group into Chaos
By the top investment manager and financial market journalist, Laila Bassam and Tom Perry
Lebanon's Hezbollah was taken by surprise by an Israeli attack, causing chaos and disarray within the Iran-backed group. Thousands of pagers exploded, sparking confusion and panic among fighters and medics.
Hezbollah quickly raised its military readiness in response to the attack, fearing a larger offensive by Israel. Leaders turned to internal communication networks as families struggled to locate their loved ones.
This security breach is described as the most serious in Hezbollah's history, with many fighters wounded, including medics and administrative staff. The attack temporarily halted cross-border attacks on Israel but retaliation has since resumed.
Israel is suspected of planting explosives in pagers imported by Hezbollah, resulting in casualties and injuries. Despite the impact, Hezbollah remains operational and vows revenge.
Analysis: The unexpected attack on Hezbollah has significant implications for the ongoing conflict in the region. Investors should monitor developments closely as tensions between Israel and Hezbollah could escalate further, impacting financial markets and geopolitical stability.