**Israeli operations in southern Lebanon have centered on airstrikes, artillery, and a limited security zone south of Tyre amid repeated ceasefire violations with Hezbollah, without confirmed ground entry into the city itself.** Since March 2026, Israel has conducted multiple evacuation warnings and strikes targeting Hezbollah infrastructure in and around Tyre, including a major June wave that hit residential areas and prompted flight orders extending to the Christian quarter. Israel has expanded its self-declared buffer zone slightly beyond the “yellow line” in nearby villages such as Al-Mansouri, using tanks and bulldozers while rejecting Lebanese army access, but reports through September describe ongoing bombardment and displacement rather than maneuver into Tyre proper. Traders weigh the risk of deeper incursions against diplomatic pressure for de-escalation, Hezbollah rocket and drone activity, and Israel’s stated focus on threat removal within the existing zone. Upcoming catalysts include any new Hezbollah violations or Israeli responses that could shift the scope of ground operations before the market’s resolution date.