Neither Israel Nor Hezbollah Want All-Out War

There is growing concern that any significant escalation in the Israel-Hezbollah conflict would disrupt gas supplies, first and foremost to Egypt, which is monitoring this with a fair amount of dread. The situation continues to intensify. On Tuesday, Israel launched its deepest strike into Israeli territory yet, hitting Hezbollah’s air defense systems in Janta, only about 50 miles outside of Beirut. Hezbollah then retaliated with a strike on an Israeli military base in the Golan Heights that killed two civilians.  On Wednesday, Hezbollah…