Israel's government maintains no official policy or legislative framework for formal annexation of Gaza territory, distinguishing these areas from ongoing administrative integration measures in the West Bank. Prime Minister Netanyahu's May 15 statement confirming Israeli control over 60 percent of the Gaza Strip under the existing U.S.-brokered ceasefire underscores a focus on security arrangements rather than sovereignty claims. This absence of recent diplomatic announcements, Knesset votes, or cabinet directives targeting Gaza annexation has produced the current trader consensus reflected in the 97.1 percent implied probability on no such action by June 30, 2026. Potential shifts could arise from abrupt coalition pressures, renewed major hostilities, or unforeseen security assessments altering the post-ceasefire posture within the brief remaining window.