The events of October 7 and Hezbollah's subsequent attacks on Israel’s northern border have renewed the question of whether energy considerations can serve as a lever on Hezbollah's policy towards Israel, as was claimed following the signing of a maritime border agreement by Israel and Lebanon in October 2022. During the months of fighting, reports have emerged of internal pressure being exerted by Beirut on Hezbollah not to enter the conflict against Israel as doing so would likely exacerbate Lebanon's state of deep crisis. This crisis includes frequent power outages in Beirut, unprecedented fuel shortages nationwide, and delays in gas exploration in Lebanon's waters. If Lebanon's energy crisis does lead to the “concentration” of Hezbollah within Lebanon's economic and political arena, it is possible that Israel, through US mediation, could exploit this to undermine Hezbollah and restore stability on the northern border.