Israel and Hamas have agreed to a ceasefire in Gaza, opening the way to a possible end to a 15-month war in Gaza.
The agreement follows on-off negotiations brokered by Egyptian and Qatari mediators.
United States President Joe Biden confirmed the deal which involves the full ceasefire, the withdrawal of Israeli forces from Gaza and the release of hostages held by Hamas.
“It is long past time for the fighting to end and the work of building peace and security to begin,” he said.
“I am thrilled that those who have been held hostage are being reunited with their families.”
The agreement comes just days before president-elect Donald Trump enters the White House on 20 January. In the past, Trump stated there would be “hell to pay” if the hostages weren’t released by the time he became president.
Trump took to Truth Social to state that he is “thrilled” that the hostages will be returning home the America and to take credit for the agreement.
“This EPIC ceasefire agreement could have only happened as a result of our Historic Victory in November, as it signalled to the entire World that my Administration would seek Peace and negotiate deals to ensure the safety of all Americans, and our Allies,” he posted.
Australian Prime Minister, Anthony Albanese and minister for foreign affairs, Penny Wong also made a joint statement welcoming the ceasefire.
“This agreement is a constructive step towards peace and stability in the region. It must mark the beginning of a new chapter for the Israeli and Palestinian people,” they said.
“We will continue to act in partnership with the international community to support the urgent humanitarian needs of the people of Gaza.”
Israel troops invaded Gaza after Hamas soldiers broke through security barriers and burst into Israel on 7 October 2023, killing 1,200 soldiers and civilians and taking more than 250 foreign and Israeli hostages.
More than 46,000 were killed in the war according to Gaza health ministry figures.