[속보] Israel–Hezbollah ceasefire “final agreement”… New York Stock Exchange International Oil Prices “Cheers”
Enlarge image Private oil field that determines international oil prices/Photo = Reuters With the final conclusion of the Israel-Hezbollah ceasefire, international oil prices are falling in the New York stock market.
According to the New York Stock Exchange on the 27th, the Israeli Security Cabinet approved a ceasefire with the Lebanese pro-Iranian armed group Hezbollah. It has been 416 days since the war between Israel and Hezbollah broke out. The Israeli Security Cabinet, convened by Israeli Prime Minister Benjamin Netanyahu, gave final approval to a ceasefire with Hezbollah.
Prime Minister Netanyahu directly explained the three reasons for deciding on a ceasefire in a speech to the nation immediately after approving the ceasefire. “First, we will focus on the threat from Iran; second, we will recharge and strengthen the Israeli military; and third, we will isolate Hamas in Gaza by cutting its front lines,” he said. “We have succeeded in setting back Hezbollah by decades,” he said. “We have eliminated its leader Hassan Nasrallah, its senior officials and thousands of terrorists, and destroyed most of the military infrastructure it had built near the border.”
If the negotiations with the Lebanese authorities, who negotiated on behalf of Hezbollah, are finally concluded, the gunfire will stop 13 months after Israel was ambushed by the Palestinian armed political group Hamas in October last year and began fighting with Hezbollah.
The Israel-Hezbollah ceasefire comes about two months after the Israeli military declared the start of Operation ‘Arrow of the North’ targeting Hezbollah last September and entered the first ground war in southern Lebanon in 18 years.
The cease-fire plan proposed by the United States included a 60-day temporary ceasefire, with Israeli troops withdrawing from southern Lebanon, and Hezbollah’s heavy weapons being withdrawn to the north of the Litani River in Lebanon, about 30 km away from the Israeli border. Thousands of additional Lebanese troops will be deployed to the Israel-Lebanon ‘blue line’ border area (the border between the two sides set by the United Nations) to prevent armed conflict along with the United Nations peacekeeping force in Lebanon (UNIFIL).
Israeli government spokesman David Menser said earlier in the day that “the agreement with Lebanon will maintain Israel’s freedom of operation to carry out defensive activities to eliminate the Hezbollah threat and allow residents to safely return to northern Israel.” Defense Minister Israel Katz met with the UN Special Coordinator for Lebanon, Yeiner Hennis-Plaashardt, who was visiting Tel Aviv, and said that if the ceasefire agreement is broken, there will be zero tolerance and that “if the UN does not act, we will act decisively.”
Daeho Kim, Director of Global Economic Research Institute [email protected]
**PAA:** Given the volatile nature of the Middle East, what are the potential regional and global repercussions if the ceasefire agreement collapses?
## World Today News: Israel-Hezbollah Ceasefire and its Global Impact
**Host:** Welcome to World Today News. Today we delve into the recently announced ceasefire between Israel and Hezbollah after over a year of conflict. To unpack the complexities of this agreement and its wider implications, we are joined by two esteemed guests: Dr. Emily Chen, a Middle East expert specializing in conflict resolution, and Professor David Lee, an economist specializing in global energy markets.
**Section 1: Origins of the Conflict and the Path to Ceasefire**
**Host:** Dr. Chen, the conflict between Israel and Hezbollah has deep historical roots. Can you shed light on the key factors that led to this recent escalation and ultimately, the decision for a ceasefire?
**Dr. Chen:**
**(Dr. Chen analyzes the historical context, including the role of Iran, past conflicts, and internal Lebanese politics in fueling the present conflict.)**
**Host:** Professor Lee, Prime Minister Netanyahu cited Iran as a main reason for pursuing the ceasefire. How does Iranian involvement complicate the Israel-Hezbollah conflict and its resolution?
**Professor Lee:**
**(Professor Lee discusses Iran’s role in supporting Hezbollah, including financial and military aid, and its impact on regional stability.)**
**Section 2: Terms of the Ceasefire and Potential Challenges**
**Host:** Dr. Chen, the ceasefire agreement reportedly involves the withdrawl of Israeli troops from southern Lebanon and Hezbollah’s relocation of heavy weaponry. How sustainable are these terms, especially given the history of mistrust between the parties?
**Dr. Chen:**
**(Dr. Chen examines the plausibility of the ceasefire terms, potential loopholes, and the roles of the Lebanese army and UNIFIL in ensuring compliance.)**
**Host:** Professor Lee, the article mentions that international oil prices are reacting positively to the ceasefire news. Can you elaborate on the connection between this conflict and global energy markets?
**Professor Lee:**
**(Professor Lee analyses the impact of the conflict on oil production and supply chains, particularly in the Levant region, and explains the market’s response to the news of the ceasefire.)**
**Section 3: Long-Term Implications and Looking Ahead**
**Host:** Dr. Chen, what are the long-term implications of this ceasefire for the region? Does it signal a true path towards peace, or will tensions resurface?
**Dr. Chen:**
**(Dr. Chen discusses the challenges to achieving lasting peace, including the underlying political issues, the potential for future flare-ups, and the role of international actors in supporting a lasting resolution.)**
**Host:** Professor Lee, how might this ceasefire and the potential for reduced regional instability affect global economic projections?
**Professor Lee:**
**(Professor Lee explores the potential economic benefits of the ceasefire, including stabilized oil prices, increased investment in the region, and broader implications for the global economy.)**
**Host:** Thank you, Dr. Chen and Professor Lee, for your insightful analysis.
**(Host closes the segment, summarizing key points and inviting viewers to share their thoughts on the ceasefire and its implications.)**