Zürcher Nachrichten - Is that Israel's final blow?

EUR -
AED 4.234647
AFN 72.643117
ALL 95.757309
AMD 435.408728
ANG 2.064091
AOA 1057.36486
ARS 1614.346342
AUD 1.657376
AWG 2.078408
AZN 1.958576
BAM 1.951805
BBD 2.325839
BDT 141.699943
BGN 1.970952
BHD 0.432714
BIF 3418.203011
BMD 1.15307
BND 1.476877
BOB 7.979562
BRL 6.142287
BSD 1.154836
BTN 107.960008
BWP 15.747244
BYN 3.503552
BYR 22600.165943
BZD 2.322546
CAD 1.583482
CDF 2623.233322
CHF 0.910977
CLF 0.02668
CLP 1053.47892
CNY 7.940499
CNH 7.975581
COP 4262.368236
CRC 539.395868
CUC 1.15307
CUP 30.556347
CVE 110.039751
CZK 24.519569
DJF 205.639061
DKK 7.471402
DOP 68.54968
DZD 151.575728
EGP 59.993636
ERN 17.296045
ETB 181.99598
FJD 2.553415
FKP 0.86425
GBP 0.867287
GEL 3.130599
GGP 0.86425
GHS 12.588232
GIP 0.86425
GMD 84.754467
GNF 10122.279909
GTQ 8.845893
GYD 241.602302
HKD 9.0294
HNL 30.56696
HRK 7.534383
HTG 151.499883
HUF 394.348104
IDR 19591.634159
ILS 3.620064
IMP 0.86425
INR 108.33689
IQD 1512.803324
IRR 1517007.312332
ISK 143.810774
JEP 0.86425
JMD 181.43176
JOD 0.817567
JPY 183.967079
KES 149.033754
KGS 100.833527
KHR 4614.554106
KMF 492.361081
KPW 1037.767304
KRW 1744.899987
KWD 0.353497
KYD 0.96233
KZT 555.193531
LAK 24798.023914
LBP 103421.202089
LKR 360.239473
LRD 211.327417
LSL 19.480655
LTL 3.404715
LVL 0.69748
LYD 7.392867
MAD 10.790871
MDL 20.11066
MGA 4815.289368
MKD 61.514082
MMK 2420.814966
MNT 4112.942181
MOP 9.321419
MRU 46.226376
MUR 53.69826
MVR 17.826655
MWK 2002.561585
MXN 20.74707
MYR 4.542518
MZN 73.682844
NAD 19.480823
NGN 1564.415464
NIO 42.493018
NOK 11.085554
NPR 172.734917
NZD 1.989824
OMR 0.440697
PAB 1.154821
PEN 3.992527
PGK 4.984796
PHP 69.617751
PKR 322.430976
PLN 4.281665
PYG 7542.56054
QAR 4.222856
RON 5.092994
RSD 117.210073
RUB 97.493633
RWF 1680.289628
SAR 4.329659
SBD 9.284125
SCR 15.845265
SDG 692.995016
SEK 10.832917
SGD 1.480346
SHP 0.865101
SLE 28.336616
SLL 24179.307368
SOS 659.960522
SRD 43.225694
STD 23866.214565
STN 24.449951
SVC 10.104317
SYP 127.488051
SZL 19.487785
THB 38.115291
TJS 11.091795
TMT 4.047275
TND 3.410619
TOP 2.776315
TRY 51.114334
TTD 7.834894
TWD 37.054472
TZS 2998.28211
UAH 50.591177
UGX 4365.064806
USD 1.15307
UYU 46.533738
UZS 14079.180219
VES 524.289984
VND 30370.702591
VUV 137.475997
WST 3.145334
XAF 654.628344
XAG 0.018232
XAU 0.000269
XCD 3.116229
XCG 2.081222
XDR 0.814158
XOF 654.617013
XPF 119.331742
YER 275.125069
ZAR 19.826569
ZMK 10379.012321
ZMW 22.547845
ZWL 371.28797
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -1.2600

    15.34

    -8.21%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • BCE

    0.0600

    25.79

    +0.23%

  • GSK

    -0.5300

    51.84

    -1.02%

  • VOD

    -0.0900

    14.33

    -0.63%

  • NGG

    -3.5400

    81.99

    -4.32%

  • RIO

    -2.5000

    83.15

    -3.01%

  • RELX

    -0.4600

    33.36

    -1.38%

  • BTI

    -1.3500

    57.37

    -2.35%

  • BCC

    -1.5600

    68.3

    -2.28%

  • JRI

    -0.3900

    11.77

    -3.31%

  • AZN

    -5.3300

    183.6

    -2.9%

  • BP

    -1.0800

    44.78

    -2.41%


Is that Israel's final blow?




What is unfolding now is no longer a contained exchange across a tense frontier. It is the visible emergence of a two-front Israeli campaign whose logic is becoming harder to ignore: weaken the Ayatollah-led order in Tehran, and at the same time cripple the armed movement that gives it strategic reach into Lebanon. Israel’s military posture and political messaging increasingly suggest that this is not merely about absorbing attacks and replying with greater force. It is about changing the strategic order between Tehran, Beirut and Israel’s northern border. In that sense, the war against Iran and the war against Hezbollah are no longer separate files. They are part of the same attempt to dismantle an interconnected system of pressure.

Hezbollah’s latest intervention makes that point unmistakable. By launching attacks from Lebanon as Israel intensified pressure on Iran, the movement behaved exactly as Israeli planners have long feared it would: not simply as a Lebanese force with its own local agenda, but as Iran’s forward shield. Hezbollah did not step into the crisis to defend a national Lebanese consensus. It stepped in because its strategic value lies in protecting Iran’s regional deterrent and preserving Tehran’s capacity to project power through proxy warfare. That is the core of the current moment, and it is why the confrontation has expanded so quickly. From an Israeli perspective, if Hezbollah mobilizes whenever Tehran is under direct threat, then leaving Hezbollah intact would mean accepting that any future clash with Iran will always reopen the northern front.

This is also why the northern theater has never been a secondary issue for Israel. For years, the country has lived with the reality that Hezbollah can menace civilian communities with rockets, drones, anti-tank weapons, infiltrations and fortified positions close to the border. Even during periods officially described as calmer, Israeli officials maintained that Hezbollah was trying to rebuild, reorganize and preserve the option of renewed escalation. The problem, in Israeli eyes, has never been a single barrage or a single border incident. The problem has been the continued existence of a heavily armed Iranian-backed force that can decide when the north burns and when it does not. No Israeli government that takes that assessment seriously can regard Hezbollah as a manageable nuisance. It sees Hezbollah as a structural threat.

The wider security framework on the Lebanese front has clearly decayed. The arrangements that were meant to preserve a fragile calm after earlier rounds of war no longer command real compliance. Cross-border fire, repeated strikes, violations along the frontier and the visible militarization of the border zone have exposed how much of the old order has already broken down. Civilians on both sides have once again paid the price through evacuations, displacement and the constant fear that a single exchange can become a regional war. In such conditions, Israel appears to have concluded that the age of partial fixes is over. A front that remains permanently unstable is, in practice, a front that remains strategically lost.

That is why the current phase looks less like retaliation and more like an attempt at strategic rollback. Israel is not only trying to reduce immediate threats. It appears intent on forcing a more decisive change in the balance of power. In Iran, that means pressuring the regime’s military and coercive architecture. In Lebanon, it means degrading Hezbollah so deeply that it can no longer function as Tehran’s reliable northern sword. The sequencing matters. If Iran is weakened but Hezbollah remains strong, then Tehran preserves a critical tool of future coercion. If Hezbollah is hurt but Iran’s regional system remains intact, the movement can eventually be rebuilt. Israeli strategy increasingly seems designed to avoid that half-finished outcome by hitting both centers of pressure at once.

The timing is not accidental. Hezbollah remains one of the most formidable non-state armed organizations in the region, but it is also operating in a more difficult environment than before. It has absorbed attrition, leadership losses, sustained intelligence penetration and repeated blows to its infrastructure. Its room for maneuver is narrower, its political surroundings harsher and its public narrative less secure than in periods when it could more easily present itself as the undisputed guardian of Lebanese dignity. A movement built on discipline, endurance and myth can survive a great deal of punishment. But even such movements become vulnerable when military pressure coincides with strategic overextension and domestic fatigue.

Lebanon’s internal response to the latest escalation is therefore one of the most revealing parts of the story. Instead of closing ranks around Hezbollah, state institutions and large parts of the political class have taken a markedly sharper tone, insisting that decisions of war and peace cannot continue to be made by an armed organization operating beyond full state control. For ordinary Lebanese civilians, the immediate meaning of that shift is grim rather than abstract: renewed displacement, fear of deeper incursions and the sense that the country is once again paying the price for decisions taken outside the state’s authority. That mood matters. It does not disarm Hezbollah overnight, nor does it erase the movement’s social base, military networks or capacity for coercion. But it does show that Hezbollah is confronting a deeper legitimacy problem inside Lebanon at precisely the moment Israel is escalating. In strategic terms, that is a dangerous combination for the group: external pressure and internal isolation reinforcing one another.

None of this, however, means that Israel is on the verge of an easy victory. Hezbollah remains dangerous, adaptive and deeply embedded. It has veteran fighters, decentralized capabilities, local intelligence, underground infrastructure and the ability to continue operating under heavy pressure. Southern Lebanon is not a blank map waiting to be redrawn. It is dense, political and emotionally charged terrain, where every military move carries the risk of civilian suffering, international backlash and unintended escalation. Israel may be able to damage Hezbollah severely. Turning that damage into lasting strategic irrelevance is a much harder task. The history of the region is full of campaigns that succeeded tactically but failed to settle the political question that came after them.

That is where the gamble becomes stark. If Israel is truly moving from deterrence to destruction of Hezbollah’s military relevance, of Iran’s regional reach and perhaps even of the confidence of Iran’s ruling order, it is embracing a campaign of enormous consequences. Military superiority can break command structures, logistics chains and missile stockpiles. It cannot, by itself, guarantee a stable political end state in Beirut or Tehran. A weakened Hezbollah does not automatically produce a sovereign Lebanese state capable of monopolizing force. A battered Iranian regime does not automatically yield a coherent post-crisis order. Vacuums in the Middle East have a habit of filling themselves with fresh instability.

Even so, the logic driving Israel is not difficult to understand. From Jerusalem’s perspective, the old equilibrium had become intolerable long before this latest escalation. That equilibrium meant a northern border that could never truly normalize, an Iranian regional network that could always activate multiple fronts and a deterrence model that forced Israel to live under the shadow of future wars it did not choose. Once Hezbollah entered the widening confrontation to shield Iran’s position, the case for a narrower Israeli response became much harder to sustain. In Israeli strategic thinking, the northern problem and the Tehran problem ceased to be separable. If one keeps feeding the other, both must be addressed together.

The rhetoric surrounding Iran points in the same direction. Public language from Israeli leaders has increasingly gone beyond the technical vocabulary of preemption, nuclear delay and immediate self-defense. It has moved toward the language of rupture: not merely containing Iranian power, but helping bring about the end of the order that projects it. That does not amount to a detailed roadmap for regime change, and it certainly does not ensure that such an outcome is achievable. But it does reveal the scale of current ambition. Israel no longer appears satisfied with managing the symptoms of the Iranian challenge. It seems to be reaching for the possibility of breaking its strategic center of gravity.

The phrase “final blow” therefore captures something real, even if the outcome remains uncertain. What Israel appears to want now is not only to defeat attacks in the present, but to dismantle the architecture that makes those attacks recurrent: the link between Tehran’s ruling establishment, Hezbollah’s armed power and the permanent insecurity of the northern frontier. Whether that ambition can be fulfilled is another matter. Hezbollah can be pushed back without disappearing. Iran can be struck hard without producing a stable transformation. Lebanon can resent Hezbollah more deeply and still remain too weak to impose a lasting monopoly of force. Yet the direction of travel is now unmistakable. This is no longer a war merely to contain enemies. It is an attempt to break the system that binds them.