DEVELOPING: Gaza Peace Deal Sparks Global Frenzy as Leaders Scramble to React

Breaking News: Gaza Peace Deal Sparks Global Frenzy as Leaders Scramble to React Israel and Hamas have agreed on the first phase of a Gaza peace plan, paving the way for the release of Israeli hostages and Palestinian prisoners. The deal was announced after marathon negotiations between Israel's Prime Minister Benjamin Netanyahu and Hamas leaders. Netanyahu hailed it as "a great day for Israel," while Hamas called the negotiations "responsible and serious." Under the agreement, Israeli troops will withdraw from Gaza, and aid will be allowed into the territory. The release of hostages and prisoners is expected to begin immediately. The Palestinian Authority President Mahmoud Abbas welcomed the deal, expressing hope that it would lead to a permanent political solution and an end to Israel's occupation of Palestine. This development comes after months of escalating violence in the region. The agreement marks a significant shift towards peace talks between Israel and Hamas. Leaders from around the world are scrambling to react to the news. US officials have confirmed their involvement in the negotiations, while European leaders are urging caution. The Israeli government is set to convene on Thursday to approve the deal. Hamas has called on the international community to ensure that Israel implements the agreement without delay. This is a developing story, and we will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*