Israel and Lebanon agree ceasefire contingent on Hezbollah halting attacks
Israel and Lebanon reached a ceasefire agreement brokered by the United States, the BBC reported. The truce is contingent on Hezbollah halting its attacks. Tensions on the ground continue while oil and currency markets are watching the news closely.
BBC Middle EastIsrael and Lebanon reached a ceasefire agreement brokered by the United States, the BBC reported. The truce's continuation is contingent on Hezbollah halting its attacks. Officials from both countries said the technical details of the negotiations are expected to be finalised in coming days.
The US State Department said the agreement aims to ease the humanitarian situation in the region and reduce civilian casualties. The Lebanese government said it was coordinating with Hezbollah; the Israeli side said it was reassessing its operational timetable.
Source: BBC Middle East. Brent crude futures posted a limited decline after the news. Analysts said the sustainability of the truce depends on Hezbollah's stance, and that the geopolitical risk premium could rebuild quickly if violations occur. Developments on the ground and official statements will be watched closely in coming days.
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