Investing.com -- Israel and Hamas, the Palestinian militant group, have reached a ceasefire agreement, temporarily putting an end to the conflict in Gaza, Bloomberg reported on Wednesday, citing people familiar with the matter.
The discussions leading up to the ceasefire primarily revolved around the release of hostages taken during the Hamas attacks on Israel in October 2023, which initiated the conflict.
The deal involves the exchange of these hostages for hundreds of Palestinian prisoners, the report added.
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