President Trump announced Thursday that Israel and Lebanon have agreed to a 10-day ceasefire beginning at 5 PM ET today, April 16, following direct conversations with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu.

President Trump announced Thursday that Israel and Lebanon have agreed to a 10-day ceasefire, beginning at 5 PM ET today, following what he described as “excellent conversations” with Lebanese President Joseph Aoun and Israeli Prime Minister Netanyahu. “These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE at 5 P.M. EST,” Trump wrote on Truth Social.

Trump said he has directed Vice President JD Vance, Secretary of State Marco Rubio, and Chairman of the Joint Chiefs of Staff Dan Caine to work toward a lasting peace agreement. He also invited Aoun and Netanyahu to the White House for what he called “the first meaningful talks between Israel and Lebanon since 1983.”

What Led to the Ceasefire

The announcement came after a turbulent morning of diplomacy. Lebanese President Aoun initially declined to speak directly with Netanyahu during a call with Secretary Rubio, with Washington signaling it “understands Lebanon’s position.” Trump then personally called Aoun, and the ceasefire announcement followed within hours.

The deal grew out of direct negotiations that began Tuesday between the Lebanese and Israeli ambassadors to the United States, the first such talks between the two countries in decades. Lebanon had insisted on a ceasefire as a precondition for any broader engagement, while committing to disarm Hezbollah over time.

Iran’s chief negotiator Mohammad Bagher Ghalibaf said Thursday morning that “a ceasefire in Lebanon is as important as a ceasefire in Iran,” framing the Lebanon front as part of the broader regional conflict that has defined 2026.

The Human Cost and Ground Situation

More than 2,100 people have been killed in Lebanon since Israeli forces began strikes approximately six weeks ago, targeting Hezbollah positions following the outbreak of the US-Iran war in late February. More than one million Lebanese have been displaced. Israel has suffered 21 casualties from strikes tied to both Iran and Hezbollah since the conflict began.

Israeli Defense Forces confirmed they will not withdraw from southern Lebanon during the 10-day pause, maintaining their ground position while the ceasefire holds. Hezbollah is not formally a party to the Lebanon-Israel talks, and Israel had previously denied that any Iran ceasefire framework extended to Lebanon.

Why It Matters Beyond Lebanon

The Lebanon ceasefire adds a second diplomatic track to an already fragile regional situation. Iran had argued that continued Israeli strikes on Lebanon constituted a violation of the existing US-Iran truce, while Washington and Jerusalem denied that connection. The Lebanon announcement removes that point of friction at a moment when the US-Iran ceasefire window is approaching its April 22 expiration.

Prediction markets had priced a Lebanon ceasefire by April 30 at only around 55% as recently as last week, reflecting how uncertain the diplomatic picture had looked. For financial markets, a stable Lebanon ceasefire alongside the Iran truce removes one of several risk premiums that have kept oil elevated and risk assets suppressed since February.

Bitcoin has consistently moved 4 to 5% within hours of credible ceasefire signals across this conflict, with the pattern repeating on April 7, April 8, and April 14. The Lebanon announcement, arriving while $BTC already hovers near $75,000, adds to the stack of diplomatic catalysts that analysts say could push $BTC past $76,000 if the ceasefire holds through the weekend.