Israel is preparing to stop arms transfers from Iran to Hezbollah militants in Lebanon while also rejecting a U.S.-backed cease-fire proposal. What Happened: “In Lebanon we’re going to prevent any possibility of arms transfers in Lebanon from Iran,” said Air Force Commander Major General Tomer Bar, Reuters reports. “Nasrallah’s confidence … depends on the supply coming from Iran,” he added, referring to Hezbollah chief Hassan Nasrallah. Israel Defense Forces are simultaneously carrying out major military operations in Gaza. On Thursday, Israeli armed forces said two Hamas militants were killed…