Israeli airstrikes overnight struck branches of a Hezbollah-linked financial institution, Al-Qard Al-Hassan Association, further escalating Israel's offensive against the Iran-backed Lebanese group.

The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing.

Lebanese were surveying the damage after overnight Israeli strikes hit nearly a dozen branches of a Hezbollah-run financial institution that Israel says is used to fund attacks.

Israeli fighter jets struck dozens of targets in Beirut and other areas of southern Lebanon overnight, including branches of a bank accused of holding funds used by Hezbollah.

Al-Qard al-Hassan is a Hezbollah unit that's used to pay operatives and help buy arms, a senior Israeli intelligence official said.

The Israeli military hit bank branches across Lebanon overnight to target Hezbollah‘s finances, expanding its offensive in an assault that sparked panic as the United States launched a new push for a diplomatic solution to the intensifying regional conflict.

The Israeli military said it had conducted dozens of attacks overnight on the militia’s financial arm in Lebanon. The Biden administration was sending two top diplomats to try to calm Israel’s conflicts with Hamas and Hezbollah.

Israeli fighter jets struck dozens of targets in Beirut and other areas of southern Lebanon overnight, including branches of a bank accused of holding funds used by Hezbollah.