Israel x Hezbollah permanent peace dealIsrael has conducted demolitions near a UNESCO World Heritage Site in Lebanon, claiming to target an alleged tunnel network used by Hezbollah. The site near Beaufort Castle, a location of cultural significance, has become a focal point of contention, with Lebanese authorities disputing Israel’s military claims and condemning the damage to heritage sites. AdvertisementKey TakeawaysThe demolition near the UNESCO site appears consistent with escalating military operations, which could negatively impact the odds of a peace deal between Israel and Hezbollah. Market activity suggests that the increased military actions in Lebanon may indicate a potential threat to the ongoing ceasefire between Israel and Iran. Developments in military engagements or diplomatic statements from key actors like Israel and Hezbollah may further affect market perceptions regarding peace prospects.