Even if both sides aspire to avoid an all-out war, additional rounds of fighting between Israel and Hezbollah are sure to follow.

Bank of Israel Governor Amir Yaron notes that risks to the economy have increased and that if the risks are realized, “We will want to act in a timely manner to prevent any slowdown in economic activity" and push inflation higher. Yaron: BOI will intervene in foreign exchange market if shekel exchange rate deviates substantially from the level it believes is warranted.

Sunni Muslim coalition, which has been battling the Iran-aligned Houthis for over four years in Yemen, says airstrikes destroyed a site storing drones and missiles in southwest Yemen. Head of Houthis' national committee for prisoner affairs says many of those held were due to be released in a local deal to exchange prisoners of war.

“The United States fully supports Israel’s right to self-defense. … This is another example of the destabilizing role of Iranian proxies in undermining peace and security in the region," State Department official says. US Mideast envoy Jason Greenblatt: "Iran has proxies in Lebanon & Gaza that harm Israel, undermine chances for peace & threaten a better future for Palestinians."

Netanyahu condemns Keshet network behind HBO docudrama, which focuses on the brutal murder of Palestinian teenager Muhammad Abu Khdeir by a Jewish gang, as anti-Semitic. Program slanders Israel internationally, he says.