Successful completion of the deal would mark a significant foreign policy achievement for the Republican president, who had campaigned on bringing peace to major world conflicts but has struggled to swiftly deliver, both in Gaza and on Russia’s invasion of Ukraine.

What do we know about the deal?

“This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace.”

The agreement could pave the way for desperately needed humanitarian aid to be immediately sent to Gaza Strip, where a global hunger monitor said in August over half a million people were experiencing famine.

Hostage release expected within days

A Hamas source said the living hostages would be handed over within 72 hours of the Israeli government approving the deal. Hamas officials have insisted it will take longer to recover the bodies of dead hostages, believed to number about 28, from Gaza’s rubble.

United Nations Secretary-General Antonio Guterres called for all sides to abide fully by the terms on the hostage agreement. “Immediate and unimpeded entry of humanitarian supplies and essential commercial materials into Gaza must be ensured. The suffering must end,” he said in a statement.

Hamas seeks release of Palestinian prisoners

Hamas has so far refused to discuss Israel’s demand that Hamas give up its arms, which the Palestinian source said Hamas would reject as long as Israeli troops occupy Palestinian land.

Within Gaza, Israel has dialled down its military campaign at Trump’s behest, but it has not halted strikes altogether.

Arab countries say plan must lead to Palestinian state

There is no clear indication who will rule Gaza when the war ends. Netanyahu, Trump, Western and Arab states have ruled out a role for Hamas, which has run Gaza since driving out Palestinian rivals in 2007.