**Traders assign a 93.5% probability that Israel will not formally annex West Bank territory before 2027, reflecting sustained diplomatic constraints and the government's emphasis on incremental administrative measures rather than a declared sovereignty extension.** Prime Minister Netanyahu has repeatedly shelved or opposed formal annexation proposals, including dropping related items from the agenda in September 2025 amid U.S. and UAE pressure and characterizing certain Knesset bills as political provocations. President Trump has publicly reiterated opposition to such steps, consistent with earlier U.S. requests to de-escalate. Recent Israeli actions—such as February 2026 cabinet decisions on land registration in Area C, transfers of powers from military to civilian ministries, and approvals for additional settlements—advance de facto control and prepare the ground for potential future sovereignty claims, but stop short of legislative annexation. These moves occur against a backdrop of international criticism labeling them de facto annexation and amid preparations for possible Israeli elections by late 2026. Historical precedent shows Netanyahu prioritizing coalition stability and bilateral relations over unilateral formal steps when external costs are high. While far-right coalition partners continue advocating explicit sovereignty measures, the absence of enabling U.S. support or a major triggering event makes formal annexation by the 2027 deadline appear unlikely under current conditions.