Daniel Levy responds to the incident:
Tuesday's incident once again demonstrates that the alternative to a negotiated regional settlement is not the status quo but rather occasional convulsions of violence which sometimes do and sometimes do not ignite a wave of prolonged clashes. Lebanon and Israel have a set of bilateral issues that need to be addressed from relatively minor territorial disputes (the village of Ghajar, Shebaa Farms area, and a precise border delineation) to Israeli concerns of hostilities being launched from Lebanese territory against Israel by non-state actors, and Lebanese concerns regarding Israeli actions that undermine Lebanese sovereignty and of course the question of Palestinian refugees residing in Lebanon.
It is widely assumed that a stand-alone Israeli-Lebanon bilateral peace deal (something that has been tried in the past and spectacularly failed) is not a realistic proposition but would need to be part of a broader regional realignment. There are currently no peace negotiations between Israel and Lebanon or Israel and Syria. There is no comprehensive regional peace effort. While the current US administration has expressed its intention to pursue a comprehensive peace, it has very much focused on the Israeli-Palestinian track, where there has been little movement.