Israel's security cabinet secretly approved the legalization of over 30 new settler outposts and farms in the occupied West Bank on April 9, fueling trader concerns over de facto annexation amid accelerated settlement expansion. This follows February's restart of land registration across Area C—comprising 60% of the territory—for the first time since 1967, alongside approvals for 19 additional settlements, drawing condemnation from nearly 20 countries and UN bodies as unlawful measures. Finance Minister Bezalel Smotrich continues advocating full West Bank sovereignty, erasing Area A/B/C divisions, while U.S. statements reiterate opposition to formal annexation. No explicit sovereignty declaration has materialized, but upcoming Knesset sessions or diplomatic shifts could catalyze movement, with markets reflecting uncertainty over international backlash and Palestinian responses.