A 10-day ceasefire has been agreed upon between Israel and Lebanon, brokered by the United States. This pause aims to address casualties and refugee issues stemming from the conflict with Hezbollah. President Trump plans to host Israeli Prime Minister Netanyahu and Lebanese President Aoun for further peace talks.
Fighting between Israeli forces and Hezbollah intensified in southern Lebanon despite the start of US-mediated ceasefire talks. The Israeli military claimed control of the town, but local sources reported ongoing fighting. Israeli attacks on Lebanon have resulted in over 2,100 civilian deaths and the displacement of approximately 1.3 million people.
Iranian Parliament Speaker Ghalibaf linked a Lebanon ceasefire to broader U.S.-Iran negotiations, signaling Iran's pressure on Hezbollah to negotiate. Market reaction to the Israel-Hezbollah ceasefire by June 30 is being watched closely. Watch for statements from U.S. negotiator JD Vance or a shift in Israel’s operational stance.