Lebanese President Joseph Aoun has repeatedly conditioned any direct contact or meeting with Israeli Prime Minister Benjamin Netanyahu on first reaching a security agreement, halting Israeli strikes on Hezbollah targets, and securing a non-aggression framework rather than full normalization. US diplomatic efforts in April and May 2026, including pushes for a White House encounter or phone call, did not produce direct leader-level talks, as Lebanese officials described such steps as premature amid ongoing operations and domestic constraints. Aoun’s June 2026 public statements reinforced this sequencing, prioritizing verified de-escalation through delegation channels before bilateral engagement. Traders therefore focus on ceasefire compliance, US-mediated negotiations, Hezbollah’s stance, and any shifts in Israeli policy or Lebanese coalition dynamics that could alter the conditions for a call or summit.