Israeli government actions in the occupied West Bank and Gaza have centered on expanded settlement construction, land registration processes, and administrative measures approved in February 2026, which critics describe as de facto annexation steps but fall short of formal territorial claims. These include funding for new outposts and Nahal military communities, with further approvals reported into July 2026. US officials under President Trump have repeatedly stated opposition to West Bank annexation, citing regional stability goals, while Israel has faced broader diplomatic pushback. No official annexation declaration or boundary expansion has occurred, and historical patterns show such moves often paused amid international pressure. Traders appear to price in low near-term likelihood absent a major policy shift before year-end.