Israeli operations against Hezbollah infrastructure in southern Lebanon have persisted despite a June 2026 U.S.-brokered framework agreement and ceasefire, with recent airstrikes and artillery focused on areas such as Nabatieh, Bint Jbeil, and Wadi al-Saluki. Israeli forces maintain positions in a buffer zone and have signaled prolonged presence, while Lebanese army efforts to disarm Hezbollah south of the Litani River continue under international pressure. Trader focus on possible action against Beirut reflects risks of escalation from ongoing violations, Hezbollah rocket and drone responses, stalled pilot-zone withdrawals, and broader regional tensions involving Iran. No major strikes on Beirut have occurred in recent weeks, but any intensification of cross-border exchanges or failure of diplomatic talks could alter the outlook.