Israel and Lebanon agree to terms of a ceasefire – report

A senior U.S. official told Axios that Isreal and Lebanon have agreed to the terms of the ceasefire.

Oil is declining on this, though I don’t see it as a big surprise. The Israeli Security Cabinet is expected approve the deal on Tuesday.

“We think we have a deal. We are on the goal line but we haven’t passed
it yet. The Israeli cabinet needs to approve the deal on Tuesday and
something can always go wrong until then,” the U.S. official said.

This article was written by Adam Button at www.forexlive.com.