One year after the October 2025 U.S.-brokered ceasefire under President Trump’s Comprehensive Plan, Phase II remains stalled. That phase was intended to link phased Israeli withdrawals beyond the initial “yellow line,” Hamas disarmament under a Board of Peace roadmap, deployment of an international stabilization force, and transfer of governance to the technocratic National Committee for the Administration of Gaza. Hamas accepted a 15-point sequenced framework in July 2026, but Prime Minister Netanyahu rejected it, insisting on complete verifiable disarmament before any further pullback. Israel has expanded control to roughly two-thirds of Gaza amid ongoing limited strikes, while reconstruction and full international force deployment have not advanced. Israeli elections scheduled for October 27, 2026, now represent the nearest potential catalyst for policy shifts.