Israel-Lebanon talks postponed to October, envoys to meet in Washington

The shift from a formal Rome round to a lower-key State Department meeting between ambassadors signals the process is being kept alive at a working level rather than advanced politically. That matters for regional risk pricing: a framework that stays in implementation mode avoids the escalation tail, but also defers any durable settlement. The open question is whether the October Rome round actually convenes, or whether the format keeps downgrading.