Hezbollah: We shelled with artillery shells an Israeli enemy gathering in the vicinity of Shaqif Castle, south of Lebanon

Hezbollah has confirmed the use of artillery shells and rockets to target Israeli forces near Shaqif Castle, also known as Beaufort Castle, in southern Lebanon. The group claimed responsibility for the attacks, which occurred amid ongoing clashes between Israeli troops and Hezbollah militants in the region. The castle, a 900-year-old strategic fortress, was captured by Israeli forces earlier this week, marking deepest incursion in decades.

The Israeli military has intensified its operations in southern Lebanon, expanding control beyond Litani River and issuing evacuation orders for residents in several villages. The capture of Beaufort Castle provides Israel with a vantage point over southern Lebanon and northern Israel, enhancing its strategic position. Israeli Defense Minister Israel Katz emphasized the symbolic and tactical significance of the operation, stating that Israeli flag returned to location it previously occupied during the 1982 Lebanon War.

Hezbollah has responded with a series of attacks, including drone strikes and rocket barrages, targeting Israeli military positions and infrastructure. The group has also claimed attacks on Israeli tanks and troops near the border, indicating continued resistance to Israeli advance. The conflict has led to significant civilian displacement and casualties, with over 3,400 reported deaths in Lebanon and 25 Israeli military fatalities since the escalation began in early March.

The financial implications of the conflict remain a concern for regional and global investors. The prolonged instability in Lebanon and northern Israel could disrupt trade routes, increase insurance costs, and affect regional economic growth. Additionally, the expansion of military operations raises the potential for further international diplomatic interventions and sanctions, which could impact financial markets in the Middle East and beyond.