US-mediated talks between Israel and Lebanon have produced a June 2026 trilateral framework agreement outlining phased Israeli withdrawals from southern areas in exchange for Hezbollah disarmament and Lebanese Armed Forces deployment to pilot zones. Implementation has stalled over sequencing disputes, with Beirut seeking verified Israeli pullbacks first and Jerusalem conditioning progress on militant group disarmament. Formal negotiations last occurred in August, with the next round postponed until October amid Israeli elections and Hezbollah resistance. Lebanese Prime Minister Nawaf Salam’s September 28 meeting with US Secretary of State Marco Rubio emphasized the need for a reciprocal timetable and verification mechanisms to advance the process. These diplomatic dynamics, alongside ongoing security operations and regional pressures, shape trader assessments of near-term meeting prospects.