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Israel hammers Hezbollah finances with crushing airstrikes [Video]

Israeli airstrikes targeted nearly a dozen branches of a Hezbollah-run financial institution that the IDF says helps to fund terror operations.

The branches of Al-Qard Al-Hassan, or “the benevolent loan,” were located across southern Lebanon and in the capital of Beirut. While some individuals maintain their savings with the institution, Israel says Hezbollah uses it to store hundreds of millions of dollars.

Israel issued evacuation warnings ahead of the airstrikes, and there have been no reports of casualties.

“Overnight, the IAF conducted a series of targeted, intelligence-based strikes against dozens of facilities and sites used by the Hezbollah terrorist organization to finance its terrorist activities against the State of Israel. The strikes were conducted in the areas of Beirut, southern Lebanon, and deep within Lebanese territory,” the IDF said in a statement.

US INVESTIGATING RELEASE OF CLASSIFIED DOCS ON ISRAEL’S PLANNED STRIKE ON IRAN

“These funds, which Hezbollah used for terror activities, were …

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Watch CNBC's full interview with U.S. Secretary of Commerce Gina Raimondo [Video]

CNBC's Kate Rooney sits down with Commerce Secretary Gina Raimondo in her first interview since the 2024 presidential election to discuss the future of AI safety, the status of CHIPS Act funding, and her advice to the incoming administration.