Israel PM Netanyahu says he agreed to a temporary ten-day ceasefire in Lebanon; has not agreed to Hezbollah demand to withdraw from South Lebanon

The announcement of a temporary ceasefire in Lebanon highlights a nuanced approach to regional tensions, as Netanyahu maintains military presence and security measures.

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US State Department says initial period of Israel-Lebanon ceasefire may be extended by mutual agreement between Lebanon and Israel if progress is demonstrated in negotiations

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Israel PM Netanyahu says he agreed to a temporary ten-day ceasefire in Lebanon; has not agreed to Hezbollah demand to withdraw from South Lebanon

US President Trump, on Iran, says we are making a lot of progress; Not sure ceasefire needs to be extended

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  • Will remain in Lebanon with an extensive security zone up to the Syrian border.
  • Trump told him he is determined to continue the Blockade of Hormuz and dismantle Iran's nuclear capabilities. 
Context

This could imply continued volatility in energy markets and potential risk-off sentiment, particularly impacting USD and commodities as conflicts simmer near vital shipping lanes like Hormuz.

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