Israel and Lebanon signed a U.S.-brokered trilateral framework agreement on June 26, 2026, that designates two pilot zones—one south of the Litani River and a small area north—for phased Israeli redeployment once the Lebanese Armed Forces verify disarmament of Hezbollah and dismantle associated infrastructure. Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz stated that further withdrawals beyond these limited zones remain conditions-based rather than time-bound, with Israel retaining its broader security zone until Hezbollah poses no threat. Hezbollah has rejected the deal, while the agreement creates a U.S.-facilitated Military Coordination Group to oversee implementation. No additional major redeployments have occurred since the signing, leaving trader assessments centered on progress toward verified disarmament in the pilot areas.