Report says losses concentrated in commerce, tourism, hospitality and agriculture, in addition to damage to physical structures; final costs expected to be far higher

The conflict between Israel and Hezbollah has deepened in recent days despite diplomatic efforts to move toward a temporary truce.

The IDF struck dozens of Hezbollah launchers in Lebanon after the terror group launched multiple projectiles into Israel over the last day, the IDF announced on Wednesday. Hezbollah projectiles were launched at the Nahariya region on Tuesday,