Israel-Hamas ceasefire

Israel, Hamas agree to ‘first phase’ of peace plan, hostage-release, Trump says
The first phase of a ceasefire deal between Israel and Hamas in Gaza is likely to be signed on Thursday (October 9, 2025) in Egypt



A Palestinian man pushes a child on a wheelchair amidst the rubble of buildings destroyed during the Israeli offensive, amid a ceasefire between Israel and Hamas, in Rafah in the southern Gaza Strip February 16, 2025.

Israel and Hamas have agreed to the “first phase” of his peace plan to pause fighting and release at least some hostages and prisoners, U.S. President Donald Trump said on Wednesday (October 8, 2025) in announcing the outlines of the biggest breakthrough in months in the two-year-old war.

The ceasefire deal is to be signed on Thursday in Egypt at roughly 0900 GMT (2:30 p.m. IST), a source with knowledge of the agreement told AFP.

Hamas will exchange 20 living hostages for 2,000 Palestinian prisoners as part of the first phase of a deal to end the war in Gaza, a source within the militant group told

AFP. The exchange will take place within 72 hours of the implementation of the agreement.

The hostages will be released in exchange for 250 Palestinians sentenced to life imprisonment and 1,700 others arrested by Israel since the war began on 7 October 2023, the source added.
Oil falls on Gaza plan, fading Middle East risk premium

Oil prices fell in early trade on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, weighing on oil’s war risk premium and pushing investors to sell.

Brent crude futures were down 51 cents, or 0.77%, at $65.74 a barrel by 0002 GMT. U.S. West Texas Intermediate crude fell 55 cents, or 0.88%, to $62.

U.S. President Donald Trump said that Israel and Hamas had reached a long-sought deal for a Gaza ceasefire and hostage release under a plan for ending the two-year-old war in the Palestinian enclave.

Prices had gained around 1% on Wednesday to reach a one-week high after investors viewed stalled progress on a Ukraine peace deal as sustaining sanctions against Russia.
Hamas to free 20 live hostages: source close to negotiations


Hamas will exchange 20 living hostages for 2,000 Palestinian prisoners as part of the first phase of a deal to end the war in Gaza, a source within the militant group told AFP Thursday.

The exchange will take place within 72 hours of the implementation of the agreement, which is expected to be signed on Thursday, the source familiar with the negotiations source said.

The hostages will be released in exchange for 250 Palestinians sentenced to life imprisonment and 1,700 others arrested by Israel since the war began on 7 October 2023, the source added.-AFP

Israel’s Netanyahu to convene government on Thursday to approve Gaza ceasefire deal

Israeli Prime Minister Benjamin Netanyahu said he would convene the government on Thursday to approve the Gaza ceasefire agreement aimed at bringing home all the Israeli hostages.

“A great day for Israel,” Netanyahu added in a statement following U.S. President Donald Trump’s announcement that a deal had been reached between Israel and Hamas to end the two-year war in Gaza. -Reuters

Hamas says deal reached to end Gaza war, calls for ensuring Israel implements it

Hamas said on Thursday it had reached an agreement to end the war in Gaza following talks on a proposal by U.S. President Donald Trump, saying the deal includes an Israeli withdrawal from the enclave and a hostage-prisoner exchange.

Hamas called on Trump and guarantor states to ensure Israel fully implements the ceasefire, it added in a statement.-Reuters

Israel’s tactical gains in a strategic labyrinth

BeforeOctober 7, 2023, West Asia looked like a different region, at least from a geopolitical perspective. The Palestine question had been pushed to the margins of the region. Palestinians themselves were divided with the Islamist Hamas controlling Gaza and the Fatah running the Palestine Authority in the West Bank. Iran, despite its economic woes, remained a powerful actor through its so-called axis of resistance. The Arab countries, mostly the wealthy Persian Gulf monarchies, saw Iran as a security threat, and chose to deepen security cooperation with Israel.

The United States, seeking to slowly disentangle itself from West Asia, was trying to knit together two of its key regional pillars — the Arab world and Israel — into a joint front against Iran. The foundation of this vision was laid in the Abraham Accords of 2020, brokered by the first Trump administration, through which four Arab countries signed a normalisation agreement with Israel. By 2023, Saudi Arabia was in an advanced stage of normalising ties with Israel.

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