The assassinations in Beirut and Tehran and the expected reaction to them from several fronts could lead to a security deterioration and significant damage to Israel’s economic activity. After 10 months of continuous war and mismanagement by the government the price will be too heavy to bear.
The assassinations of senior Hamas and Hezbollah leaders Ismail Haniyeh and Fuad Shokur put the State of Israel on a high alert, when the Israeli security system officially moved the ball into the court of the resistance axis led by Iran. The Iranian context is critical. Iran’s supreme leader Ali Khamenei threatened in response that Israel would be severely punished for its actions and this could lead to a significant regional flare-up that could degenerate into a multi-arena all-out war. Defense Minister Yoav Galant declared that “we do not want war, but we are preparing for all possibilities.” Indeed, Israel is preparing for war scenarios of varying intensity that also have an impact on the economic and civil arenas.
