In a speech heavy on jingoistic bombast and praise for Hamas's October 7 attack, the Lebanese cleric declined to enter the militant group's war against Israel.
Nasrallah insisted instead that the low-intensity conflict currently taking place at the border between the two nations was enough to combat the "Zionist state".
"Regarding our Lebanese front, we entered the battle on October 8th," he said.
"What is happening on our front is very significant. For those who are asking Hezbollah to engage in open warfare, what is happening on the border may appear moderate, but that is not the case. And we will not be content with this."
Nevertheless, he claimed: "What is happening on our front has not been seen since 1948, even during the July 2006 war."
Hezbollah has two goals for Hamas's current war against Israel, Nasrallah said.
The first is to end Israeli "aggression" against the Gaza Strip, for "humanitarian, ethical, religious" reasons.
The second is for Gaza, and Hamas, to achieve victory over Israel.
Throughout his address, Nasrallah repeatedly downplayed the significance of the Iranian regime.
"Some claim that if Gaza achieves victory, it's Iran and the Muslim Brotherhood that win," he said.
"But that is false. Such a victory will be in the interest of the entire region. It is a national interest, a Jordanian interest, a Syrian interest, and a Lebanese national interest."
Nasrallah was also eager to emphasise the lack of Iranian or Lebanese culpability for the October 7 attack.
"It was 100 per cent a Palestinian decision and its implementation was 100 per cent Palestinian," he said.
Hamas hid the planning for the operation from "any other party" he claimed.
"Due to the element of surprise, contrary to what some people believe… this secrecy did not bother anyone in the resistance… because it was a normal condition for the operation to succeed and it has no negative impact on any decision taken by [any] resistance movement from the axis."
The militia leader meanwhile denied that Palestinian terrorists committed atrocities during the October 7 attack, promoting instead the conspiracy theory that they were killed by IDF crossfire.
"All the civilians [in Israel] who are accused of being killed by Hamas died from the bullets of the Israeli army, which was acting in a reckless manner," he claimed.
For all the latest from Israel, click here to see all our coverage.
To sign up to our daily war briefing, click here.
To listen to our new Israel podcast, click here.
