US-brokered agreement requires Hezbollah to evacuate southern Lebanon before ceasefire takes full effect by late June.
Israel and Lebanon have agreed to a US-mediated ceasefire framework, contingent on Hezbollah’s complete withdrawal from southern Lebanon. The deal includes pilot zones where Lebanese armed forces will assume exclusive control, excluding all non-state actors, including Hezbollah operatives. Both nations reaffirmed no hostile intent and committed to resuming talks the week of June 22.
The agreement builds on Pentagon discussions held May 29 and follows escalating tensions in the region. A full ceasefire hinges on Hezbollah halting attacks and evacuating the south Litani sector. Previous negotiations had stalled over similar demands, but US officials described the latest framework as a potential breakthrough.
No immediate market reaction was reported, though geopolitical stability in the region could ease oil supply concerns. All parties condemned Iran’s recent attacks on neighboring countries, underscoring broader regional security risks.