Beirut Residents Flee Homes as Israel Targets Hezbollah-Linked Bank

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Beirut Residents Flee Homes as Israel Targets Hezbollah-Linked Bank
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Hundreds of Beirut residents fled their homes on Sunday night after explosions were heard across its southern suburbs. Israel's military said it was preparing strikes on branches of a banking system linked to Hezbollah, escalating the conflict.

Hundreds of Beirut residents fled their homes on Sunday night as blasts were heard across its southern suburbs after Israel ’s military said it was preparing strikes on branches of a banking system linked to Hezbollah , a further escalation of Israel ’s nearly

There was no immediate information on what caused the blasts, or details of any casualties. Panicked crowds clogged the streets and caused traffic jams in some parts of Beirut as they tried to get to neighbourhoods thought to be safer, witnesses told Reuters.to manage its finances. It provides loans and services primarily to people who live in areas where the militia group is popular.

Asked by journalists whether the branches could be considered military targets, a senior Israeli intelligence official said: “The purpose of this strike is to target the ability of Hezbollah economic function both during the war but also afterwards to rebuild and to rearm … on the day after.” Israel has intensified its military campaigns both in Gaza and Lebanon, days after the killing of Hamas leader Yahya Sinwar raised hopes of an opening for ceasefire negotiations to end more than a year of conflict.

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