Haaretz reports that Israeli withdrawal from Lebanon is not part of the deal.[1]
Hezbollah reports they're currently fighting an Israeli attack.[2]
So, for now, Israel vs. Lebanon is still on.
Israel's internal politics are confused right now. Times of Israel: "With Trump’s Iran deal, the October 7 wars are over. Israel really has no idea what to do next" [3] The haredim are rioting because some draft dodgers were arrested. Elections are coming up. Netanyahu is struggling to stay in power. (Like Trump, he faces trials once out of power.)