Blinken Says Iran Poses Risk of Escalating Mideast War as Israel Warns Hezbollah

Israeli soldiers and armored vehicles are at their position along the Israel-Lebanon border, 22 October 2023. EPA/ATEF SAFADI
Israeli soldiers and armored vehicles are at their position along the Israel-Lebanon border, 22 October 2023. EPA/ATEF SAFADI
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Blinken Says Iran Poses Risk of Escalating Mideast War as Israel Warns Hezbollah

Israeli soldiers and armored vehicles are at their position along the Israel-Lebanon border, 22 October 2023. EPA/ATEF SAFADI
Israeli soldiers and armored vehicles are at their position along the Israel-Lebanon border, 22 October 2023. EPA/ATEF SAFADI

US Secretary of State Antony Blinken said on Sunday Washington saw potential for escalation in the ongoing war in the Middle East due to the actions of Iran and its proxies in the region.

Along Israel's northern border with Lebanon, the Iran-backed Hezbollah has clashed with Israeli forces in support of Hamas in the deadliest escalation of frontier violence since an Israel-Hezbollah war in 2006.

Hezbollah said four fighters were killed in heavy exchanges of fire on Sunday and another died of wounds sustained earlier, raising to 24 the number of its members killed since Oct. 7.

Lebanese security sources said 11 fighters with Palestinian militant groups in Lebanon had also been killed in the volatile border region, alongside four civilians. At least five Israeli soldiers and one civilian have been killed on Israel's side of the frontier, according to Israeli military reports.

The United States was not looking for escalation, Blinken told NBC News in an interview.

Blinken’s comments came as Prime Minister Benjamin Netanyahu warned Hezbollah against opening a second war front with Israel, saying that doing so would bring Israeli counter-strikes of "unimaginable" magnitude that would wreak "devastation" upon Lebanon.

In an official transcript of a briefing Netanyahu gave Israeli commandos near the Lebanese border, he also said: "I cannot tell you right now if Hezbollah will decide to enter the (Gaza) war fully."

That war, launched after a devastating cross-border attack by Hamas on Oct 7, was "do or die" for Israel, Netanyahu said.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."