Investing.com — The ceasefire agreement between Israel and the Hezbollah militia in Lebanon is expected to be extended when it comes up for renewal next week. according to Bloomberg.
Despite requiring more time to fully carry out the original terms of the truce, the Iran-backed group and the Israelis are not expected to revert to large-scale combat. This perspective has been shared by Lebanese, Israeli, and French government officials who are currently involved in the ongoing discussions.
The ceasefire, which commenced in late November, was a significant step towards halting the war between Israel and the Hezbollah militia. With the extension likely, it appears that the truce will continue to provide a pause in the conflict for the foreseeable future.
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