Ongoing disagreement over sequencing in the US-backed Board of Peace roadmap drives trader positioning on Hamas disarmament markets. Hamas has signaled conditional acceptance of phased decommissioning of heavy weapons under a technocratic Palestinian committee, but ties implementation to Israeli withdrawal beyond the Yellow Line, cessation of strikes, and reconstruction aid. Israeli Prime Minister Benjamin Netanyahu rejects this order, insisting on complete disarmament of all weapons categories before any further pullback or plan advancement. Recent steps include a US team authorized to map handover sites in southern Gaza and continued US envoy engagement, yet core verification and oversight disputes persist. The ceasefire established in October 2025 remains in place amid sporadic incidents, while stalled reconstruction and upcoming diplomatic deadlines keep near-term resolution uncertain.