Israel attacks Lebanon as US prepares fresh Iran sanctions
Israel has resumed airstrikes against Lebanon in the past few days after scaling back its attacks in the enclave earlier this month, Reuters reported on Sunday.
Israel resumed airstrikes against Lebanon after a brief ceasefire earlier this month, claiming the death of senior Hezbollah commander Abu Hassan Alaa. The attacks are in retaliation for a Hezbollah attack that injured three Israeli soldiers. Israeli Prime Minister Benjamin Netanyahu threatened further strikes against Iran's proxy group if provoked.
US President Donald Trump announced plans to impose fresh sanctions on Iran's economy, regardless of the potential impact on the November midterm elections. US envoys met with Egyptian, Qatari, and Turkish mediators in Cairo to support Trump's Gaza peace plan, with Hamas officials present at some of the meetings. Israeli officials expressed dissatisfaction with Trump's peace roadmap for Gaza.
At the same time, the US scaled back its military drills with South Korea, citing Seoul's refusal to participate in "the denuclearisation" of Iran. In financial markets, the US Dollar strengthened due to concerns over inflation risks and the upcoming Federal Reserve meeting, while gold prices fell.
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