Germany’s Commerzbank AG has suspended its correspondent banking relations with at least three Lebanese financial institutions citing a “lack of profitability,” according to unnamed banking sources that spoke with Lebanese daily L’Orient-Le Jour.

On May 21, Hezbollah held a public military exercise in southern Lebanon, just a few kilometers away from the front with Israel.

The exercise, which was attended by local and international media, was held at a camp near the Tourist Landmark of the Resistance in the town of Mleeta. Hezbollah fighters conducted tactical maneuvers during the small-scale exercise and later showcased heavy weapons, including multiple rocket launchers, anti-aircraft guns and anti-tank rocket-propelled grenades.

Bahrain and Lebanon are to restore diplomatic relations after a year-and-a-half break prompted by a spat over the conflict in Yemen.

Bahrain and other Gulf countries followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticised Riyadh's military intervention in the war in Yemen.

Manama, a staunch ally of Riyadh, also called on its citizens in Lebanon to leave the country.