Ongoing deadlock over sequencing in the US-backed 15-point Gaza roadmap continues to shape trader views on Hamas disarmament prospects. Israel, under Prime Minister Benjamin Netanyahu, insists on complete Hamas decommissioning of all weapons and infrastructure before any further withdrawals or reconstruction advances, explicitly rejecting phased implementation. Hamas has reaffirmed its July 2026 commitment to gradual steps tied to Israeli pullbacks and international guarantees but recently sought amendments to the disarmament clause during October 2026 talks. US envoy Jared Kushner held direct meetings with Hamas leadership in Cairo on October 11 to revive the plan, while Israeli elections scheduled for October 27 add domestic pressure on Netanyahu. Sporadic strikes and stalled International Stabilization Force deployment underscore the impasse.