• U.S. efforts to broker a ceasefire between Israel and Hezbollah have failed, partly due to a „unrealistic“ U.S. proposal and Israel’s insistence on enforcing a truce directly.
• With no viable proposal ahead of the U.S. presidential election, sources close to Hezbollah and diplomats fear the conflict may persist for months.
• Israeli Prime Minister Benjamin Netanyahu’s office declined to comment on the situation.
• U.S. officials reported recent discussions with Israeli counterparts as „substantive“ and „constructive,“ though they stressed that details would not be negotiated publicly.
• Secretary of State Antony Blinken noted progress towards ceasefire understandings between Israel and Lebanon but acknowledged more work remains.

This article was written by Greg Michalowski at www.forexlive.com.