Israeli military operations in Lebanon remain concentrated in southern areas near the Litani River and Blue Line, where ground forces have established buffer zones and conducted sustained advances against Hezbollah positions since March 2026. Airstrikes have repeatedly targeted Hezbollah infrastructure in Beirut’s southern suburbs (Dahiyeh), most recently in early June following rocket and drone attacks on northern Israel, but no verified ground incursions into the capital have occurred. Fragile US-mediated ceasefires and ongoing Washington talks have produced partial pauses and withdrawal frameworks, yet violations continue on both sides amid broader regional tensions tied to the Iran conflict. Trader assessments hinge on whether Hezbollah escalations trigger expanded Israeli ground operations northward or whether diplomatic pressure and Lebanese army deployment efforts stabilize the situation short of a Beirut entry.